Some things to consider while times are tough. During the current economic climate you may find it difficult to cope with your financial situation. If you are having trouble meeting your repayments or paying your bills you should do everything you can to prevent your car, home or household goods from being repossessed.
We suggest you contact your lender or creditors straight away and try to negotiate alternative arrangements to make your repayments. Many finance companies will do something for you however you must ring them. You are not alone. Yes it happens to many people – including family and friends and even you next door neighbour. It is really important that you don’t ignore the problem and hope that it goes away because if you leave it, it will only get worse.
If your financial problems are temporary due to illness, unemployment or relationship breakdown you can apply to have your payments suspended or varied due to personal hardship.
For more information on credit and debt problems, personal hardship and where to get help visit the Problems with repayments webpage.
Financial counsellors
Community financial counselling services provide help for people experiencing problems with debt. They operate throughout Australia and provide free, confidential advice on financial matters.
Financial counselling groups provide a service to people from all walks of life who find themselves in serious financial difficulties.
After assessing their client’s financial situation, trained counsellors will:
* prepare a full financial assessment and provide options for change and improvement
* detail the availability of any government assistance
* negotiate, advocate and mediate with credit providers and government agencies
* assist with information on debt recovery, bankruptcy and other para-legal matters
* ensure appropriate referral to other sources of assistance, for example Legal Aid, personal counselling and government services.
Financial counselling is a valuable community service that helps people regain control of their financial affairs.
The Wesley Credit Line is a great option. Give us a call on 1300 633334 for their contact details. Our thoughts are with you – don’t despair – Ring us now. Regards Aussie Loans