Do You Know How Much You're Spending?
Feeling as though your debts are out of control? Struggling to stay on top of your bills? Our Budget Calculator can help you work out exactly how much you spend over the year. By specifying your yearly spending into easy-to-approach categories such as income, education and savings, you can identify where your money is going and keep on top of your debt.
Budgeting Tips
Pay Your Bills on Auto-Pay
Pay Your Bills on Auto-PaySet all your monthly, fortnightly or weekly bills to auto-pay to avoid any late payments. This ensures they are paid on time and that you don’t incur any late fees.
Go Cash Only
Go Cash OnlyIf you’re on a tight budget, ditch the card and stick to cash. Using cash will also give you a better understanding of how much money you’re spending and ensure you don’t overspend.
Start An Emergency Fund
Start An Emergency FundBudget as much as you can towards an emergency fund. The more you save, the more flexibility you have when you’re hit with an unexpected financial expense.
Track Your Expenses
Track Your ExpensesTracking your expenses can help you better understand your spending habits. This can help motivate you to spend less on certain expenses or even reconsider spending any at all.
How We Can Help
At Debt Rescue, we’re dedicated to finding the right solution to get you out of debt as fast as possible. We understand there’s a no one-size-fits-all solution to debt and that everyone’s needs are different, which is why we take the time to understand you, your finances, your debts and your situation to recommend the best solution moving forward.
No matter your situation, we’re here to help. We offer a wide range of debt relief solutions for all Australians in need and tailor a solution that best suits your affordability and budget. If you’re facing financial difficulties, get in touch with us today.
"The result that Debt Rescue has acheived for us has been so much more than we could have imagined. We would have no hesitation in recommending your services to anyone requiring a debt resolution."
Our Services
Our professional team understands each person’s circumstances are different, which is why we offer a range of creditor agreement options under the Debt Management Plan. This ensures the outcome achieved for you is suitable and sustainable. A summary of our Debt Management options:
Debt Agreement
A Part 9 Debt Agreement is a legal and binding agreement with your creditors. A Debt Agreement outlines a new payment arrangement which will reduce your debts, pause your interest, reduce your payment amounts and generally last between 3 to 5 years.
Debtstroyer Agreement
A Debtstroyer Agreement (Informal Agreement) aims to reduce repayments and pause or reduce interest on your debts. It is a private arrangement directly between you and your creditors to ensure your debts are manageable based on your budget.
Debt Settlement
Debt SettlementIf you have access to a lump sum which is not sufficient to repay your outstanding debts in full, a Debt Settlement may help. It is designed to waiver or reduce debt amounts to allow final settlement with your creditors.
Agribusiness
AgribusinessAn Agribusiness arrangement is a specific arrangement for those caught up in failed agribusiness loan schemes. It can take the form of a long-term payment arrangement or lump sum settlement, depending on your individual circumstances.
Moratorium
MoratoriumA Moratorium is a short term arrangement with creditors (secured or unsecured) which pauses or significantly reduces repayments and interest over a period of 3 to 12 months.
Loan Renegotiation
Loan RenegotiationLoan Renegotiation is a renegotiation of current loan terms and conditions to reduce interest, increase the loan term with ultimate outcome being a reduction in the minimum loan repayments.
