1800 00 3328

Australian Private Health Insurance

Private health insurers continue to increase premium prices, leaving many people wondering if private health insurance is worth the cost. Many Australians still see private health insurance as a necessity, despite having access to Medicare. Shorter wait times, choice of practitioner, and excellent quality of care are the main reasons…

Read More...

Declare Bankruptcy with Debt Rescue

Informal Debt Agreement: Debtstroyer Agreement

An Informal Debt Agreement is an agreement between you and your creditors to change the terms of your existing debt contracts. It is a way to get out of debt without the consequences of a Part 9 Debt Agreement or Bankruptcy. It allows you to renegotiate the terms of your…

Read More...

Bankruptcy Means Test

Bankruptcy is an accessible and readily available option for people to get out of severe debt. The eligibility criteria is minimal and the application process is as simple as providing the appropriate documents. There is no specific Bankruptcy Means Test in Australia, but we have explained the thresholds and criteria…

Read More...

credit card debt in Australia

32 Billion reasons to cut up your credit card!

2018 saw Australia reach 4th in the world for household debt. Now that’s not something to be proud of, but by eliminating bad habits and credit card overuse we will be able to climb the ladder to financial freedom. Let’s take a look at how Australian’s are spending, and if…

Read More...

What insurances should a small business owner have?

As a small business owner, make sure you are covered by these insurances.

As a sole trader, the perks of having a business you can steer however you like is something many people enjoy and strive for. You can run it how you please without interference from others and retain all the profit made from the business. However, unlike a Pty Ltd company,…

Read More...

Credit Files

What is a Credit file

Your credit file is a record of your financial history. It lists a number of applications, transactions and financial details and gives creditors a snapshot of how you handle your money. The information on your credit file determines your credit score. Your credit file may contain: Credit applications made in…

Read More...

Part 9 Debt Agreement Consequences

The 2017 Financial Year saw 13,597 Part 9 Debt Agreements lodged in Australia. They prove to be an increasingly popular way to repay debt and avoid bankruptcy. However, entering into a Part 9 Debt Agreement is a serious step and it is important to understand how this agreement works. Most…

Read More...

finance for single parents

As a single parent, how can I turn my financial situation around?

Being a single parent is tough, there’s no way of sugar coating it, men and especially women can be hit hard with financial stress. On average, men usually earn more than women but most children stay with their mothers, meaning the added expense and lower wage hugely impacts single mothers….

Read More...

Avoid bankruptcy

5 Reasons to Avoid Bankruptcy

17th April, 20181 Comment

When Aussies get into debt, their minds immediately jump to bankruptcy.  However, there are plenty of options to look at first in order to avoid bankruptcy. Declaring bankruptcy is commonly viewed as ‘the easy way out’ of debt but there is nothing easy about bankruptcy. The process is stressful, lengthy…

Read More...