These are serious warning signs that you are creating a debt trap for yourself. You may have already run up a debt on multiple credit cards and unsecured personal loans that require a debt settlement strategy to help regain control of your finances and get some debt relief. We have helped 1000’s of ordinary Australians and we can help you too.
If you are struggling with unmanageable debts of $10,000 or more, a debt management loan or a debt agreement could be the solution for you.
Many Australians are battling with credit card debt, where they feel as if they are only paying off the interest; or only making the credit card’s minimum repayments; but feel as if they are not making any progress in paying off their credit card debt.
Speak with one of our experienced debt consultants about debt relief for these types of problems.
Unsecured debt is any debt that if you fail to pay what you owe to your lender, they cannot repossess any of your belongings. See a list of what qualifies as unsecured debt here.
Our website is designed to provide you with all the information you need about debt repayment strategies including debt agreements. Learn what a debt agreement is; who can enter a debt agreement; the benefits of a debt agreement; how to apply for a debt agreement; and which of your unsecured debts qualify for inclusion in a debt agreement.
Understanding what a debt agreement is and how it works will help you decide if it’s right for you. Like any option there are benefits and consequences and (with our help) you’ll need to weigh these up so you can make a decision that’s right for you.