Household debt is a growing issue for Australians, with many committing themselves to ever-increasing amounts of credit card debt, overdrafts, mortgages and personal loans.
The Reserve Bank of Australia has reported that the total sum of household debt is currently in excess of a whopping $1 trillion AUD. This equates to over $70,000 worth of personal debt per adult in Australia. This excessive accumulation of household debt has been helped along by low interest rates and legislation that was introduced to help home buyers purchase their first home.
If household debt is becoming an issue for you, Get Debt Free (GDF) can help. At GDF, you can speak with a professional debt consultant to explore your personal debt solution options. All of our advice is free and impartial.
To contact us today, fill out our online enquiry form or call us on 1800 98 10 70.