DROWNING IN CREDIT CARD DEBT:
NOW WHAT?

If you’re drowning in debt, then know you are not alone, there are many others right there with you. The good news is you can do something about it. Getting out of debt may seem like an unachievable goal, but it is more achievable than most realise. While there is no single quickest way of getting out of debt, we can help you by setting a realistic plan that you can stick to until you ultimately reach your goal.

 

With Debt Cutter Sue tackled her credit card debt.

SUE’S JOURNEY OUT OF DEBT

[su_quote]About 10 years ago I had to change my job. The new job didn’t pay as we’ll so I came to rely on my Credit Cards. Initially I paid it all off when due but slowly this didn’t happen and the interest kept piling on. I even increased the limit at times and was using more than one card.

It became a viscous circle trying to keep up with payments until I couldn’t see any way out. I tried to get a personal loan to consolidate the debt but was knocked back by the bank. It was very stressful dealing with the phone calls and trying my hardest to stretch my money every which way. I really did want to pay my debts.

I saw an ad on TV for Debt Cutter and thought this might be a solution for me. Debt Cutter sent out a very nice lady to my home and she went through everything with me. I really did want to pay my debts. Still now I hate the idea of owing money.[/su_quote]

After talking through her situation with a Debt Cutter consultant, Sue decided that a Debt Agreement was the right solution for her. By entering the Debt Agreement, Sue paid what she could afford to work down her debt and now she is free of all the credit card debt she owed. Here is what Sue said about the process.

[su_quote cite=”Sue, Bundaberg QLD”](After I entered a Debt Agreement) I cut up all my credit cards. I am determined I will NEVER have another one. I found the staff at Debt Cutter to be compassionate and always willing to work with me. There were times when I had to vary the repayments, but I made sure I notified Debt Cutter and we worked together to make sure I had enough for my expenses while still making my payments. It was a very happy day when that last payment was made. I am ever grateful to Debt Cutter for helping me when I needed it the most.

[/su_quote]

GETTING DEBT UNDER CONTROL: YOUR OPTIONS

Self Management?

In our Debt Help Advice Centre we provide information on strategies that you can implement yourself and tackle your debt head. However, self management options are not always possible, particularly if your expenses and repayments are more than your income or you are suffering from debt stress. A Debt Cutter consultant is able to help you navigate your options.

If this is you? Let us help you find a debt solution:

  •  Unsecured debts over $10,000
  •  Struggling to meet your repayments on your income
  •  Never-ending cycle of budgeting and missed payments
  •  Living off credit cards or paying one off with another
  •  Feeling overwhelmed by your debts and can’t see a way through

Take action today! Get rid of your credit card debt and free yourself from unnecessary stress. Call our friendly debt consultants on 1300 887 211 or arrange a Free, no obligation Phone Consultation to discuss options.

Sue utilised a Debt Agreement to resolve her credit card debt crisis. Although this option does not suit everyone, it has been a saviour to many thousands.

A debt agreement allows you to keep assets, while paying off your unsecured debts. It is Payment Plan that consolidates all of your current unsecured debt repayments into just ONE REGULAR PAYMENT over the agreement time-frame. There is NO FURTHER INTEREST as your unsecured DEBTS ARE FROZEN, reducing the total debt owed. No more gut wrenching phone calls and LEGAL ACTION STOPPED.

Click here for more information on Debt Agreements