DEBT HELP CALL NOW 1300 887 211

Having a bad credit rating can make getting a loan really difficult. It also means that if you do get a loan you end up lumbered with higher interest rates. Here are some simple steps to get back on track.

Step 1Take control

Get your credit report and become aware of your full financial situation. Work on a positive attitude towards dealing with your debt.

Step 2Create a Plan

Set yourself realistic goals.  Be honest with yourself and work out what income you have, what expenses you have and what is left to pay down your debts or payoff your defaults.  It is really important to stay on top of your payments.

Step 3Implement your plan

If you are struggling to meet all of your commitments then contact your creditors asap and make arrangements. Prioritise paying secured creditors, and those debts with the highest interest, pay something towards all your debts.

Step 4Get Educated

Explore your options for dealing with your debts and rebuilding your credit rating in the short term and the longer term.

If you’re facing financial hardship we are here to talk about a solution. Call us on 1300 887 211 or Book a Free No Obligation Phone Consultation with our friendly team and we can discuss debt management options specially focused on your personal situation.