Are you Looking for Debt Consolidation?

Don’t live with bad debt any longer! Speak to one of our debt specialists about your debt relief options today!

Are you Looking for Debt Consolidation?

Don’t live with bad debt any longer! Speak to one of our debt specialists about your debt relief options today!

Reasons why your loan may have been declined

There are a number of reasons why your Loan Application might have been declined. These Include:

Credit File

Something on your credit file might be raising alarms. It could be something as trivial as too many enquiries for a loan or something a little more serious such as defaults or judgements from creditors.

Serviceability

The lender will also be look at whether you can afford the repayments on your loan. Serviceability can be denied because you have too much existing debt or even if you have an irregular income.

Credit History

Have you previously been Bankrupt? Are you behind on your loan repayments? Any of these reasons could flag you as a high risk applicant and have your loan declined.

Sort out your financial situation today!

Are you looking for a loan to consolidate your debts and outstanding bills? We know it can be frustrating being denied access to money you might desperately need. But you don’t have to pull your hair out! Debt Rescue offers a number of tried, tested and trusted solutions which can help you pay off your debt. We don’t provide a ‘quick fix’ solution which might leave you worse off. We look at the root of the issue and help to improve your financial standing in the long run.

If you are frustrated with debt, Debt Rescue can provide a positive debt relief solution.

How Debt Rescue Can Help you

Below are some typical examples of how we can help people with their finances:
Debt Rescue Provides Budgeting Advice and Money Management services

Debt Consolidation

“I’m struggling with my Mortgage due to credit card debt”

Unmanageable credit card debt and personal loans can quickly chew through your cashflow and leave you struggling with your secured debts, such as your mortgage and car loan.

Don’t let your credit card debt lead to the loss of your family home or car, take action and consolidate your debts into one loan! We can even provide expert debt negotiation services to reduce your debt amount down to allow you to borrow.

Debt Agreements are available at Debt Rescue

Debt Agreement

“I can’t afford to pay my debt and my creditors are harassing me”

When attempting to recover overdue debts, Creditors don’t always play fair. People often contact us saying they desperately need to find a sum of money, usually thousands of dollars, to repay their creditors before legal action is taken against them. It is unlikely you’ll be able to find a lump sum payment if you were struggling to make your regular repayments.

We can help eliminate your debt, consolidate your repayments, reduce your interest and get your creditors off your back!

Declare Bankruptcy with Debt Rescue

Bankruptcy

“There is no way I’ll ever be able to repay my debts”

Life can throw us some pretty tough curve balls and for one reason or another, you might end up completely overcommitted and overwhelmed by debt. If this is the case, you might want to consider Bankruptcy.

Bankruptcy wipes your debts clear and provides you with a clean slate form which to rebuild your finances. We can take you through all the pros and cons of bankruptcy to see how much it would impact or improve your life.

Why Choose Us?

We’ve helped thousands of Aussies out of debt! Here’s what they have to say about our services…

Debt Rescue are amazing – they set up a realistic plan for me to pay off my debt – they were always on hand to assist me if I was having problems making payments – I would highly recommend them to anyone – they were friendly & compassionate at all times – I can’t talk highly enough of them – Ada Orth

Debt Agreements and other services are offered by Debt Rescue

Tips to help improve your credit file

Unfortunately, the only thing that can fix your credit file is good spending habits over a period of time. Here is a quick check list of things you can do to ensure your credit file improves over time:
  • Get a free copy of your credit file from Equifax. This will show you any defaults or judgements you might have listed and give you a good idea of how many debts you currently have.
  • If you have several debts, including pay-day loans, create a budget or payment plan and work to repay as much debt as you can in the next 3-6 months.
  • If you have defaults or judgements, contact your creditor and see if they would remove the default if you agreed to prioritise their payments or enter a payment arrangement with them.
  • If you have been declined for the same loan by two or more banks, stop applying for the loan. Wait 3-6 months, continue paying off your debt in the meantime and then try again with a lender who offer a loan to suit your situation.

About Debt Rescue

Debt Rescue has helped tens of thousands of Aussies overcome severe financial hardship since 2005. We are an Australian owned and operated company and pride ourselves on providing a caring and customer focused solution to debt relief.

Our Case Managers have decades of financial experience.  We can tailor debt relief strategies for anyone struggling with debt and help them get back on track.

Why We Care

Not enough is being done to tackle the issue of personal debt at its core. It is one thing to provide a range of services to help people pay off their debt, it is another to ensure people are educated and armed with the skills required to live a debt-free life.

Debt Rescue has teamed up with the SunnyKids Charity to do just that! We help families tackle their debt issues head on so they can focus on providing a safe and nurturing environment for their children to grow.