Have you tried to consolidate your debts but you have been refused a debt consolidation loan due to your bad credit history? If your debts have become too difficult to manage and you feel that you have lost control then you may wish to consider a formal debt solution. Let us explain more about your […]
Did you know your family home could be at risk if you have ANY unpaid personal debts which exceed $5,000? essay writing service It is so easy to get into debt these days and if you let your debts get out of control you could put your family home or other personal assets at serious […]
Reducing debt can be difficult, but it is something that must be managed carefully. By reducing debt you can enjoy lower interest bills each month which will help you reduce the principal debt. If you are trying to reduce your debts, here are three simple rules to keep in mind. Pay as much as you […]
Debt problems are nothing to be ashamed of and many of Australians have experienced them. With credit so easy to get over the past decade, and with the busy lifestyles we all lead today, it is entirely understandable that people sometimes find themselves in tricky debt situations. For some people however, the stress and pressure […]
Store card debt is becoming very common as store cards are becoming more popular with Australians. Many of the larger retailers like Myer and David Jones offer store cards. Store cards work like credit cards but the store card is restricted for use with the retailer that issues the card, which means you may not […]
If you have a secured loan or a HP agreement for a leased asset (for a car, boat, caravan or household goods) and you have arrears outstanding on the loan and other debts are mounting up (such a Credit Card Debt, or Personal Loan Debt, or Store Card Debt) which you cannot afford to repay […]
Credit card debt has become alarmingly high in Australia. The average credit card debt per Australian has now reached $3,277. Australians spent 22 billion on credit cards in December 2009 which was a 10% rise. This was a record spend on credit cards. Australians now have a record debt level of $46.9 billion on credit […]
Your credit report has information about you and your credit history. You should retrieve a copy of your credit report to check that the information is correct. Credit reports can be ordered through My Credit File or Veda Advantage.
You may have a defence against a debt if: Long period of time has passed (usually 6 six years but it may be different depending on which state you live); and No court action has been taken.
Use physical force; Harass or threaten you; Mislead or deceive you; or Take advantage of your disability or vulnerability.
