Being in debt can be a stressful experience. Worrying about how you are going to make your repayments, receiving threatening phone calls or letters and the feelings of guilt and shame that force you to keep a secret from your partner or friends all combine to cause stress that can have a real negative impact on your quality of life.
If you are currently stressed with debt and feel like it is taking over your life we want you to know that there are ways to make the situation better.
It is possible to be less stressed. To have the calls stop and to feel in control of your monthly finances again, and there are several ways to do this.
Reducing your debt is a good place to start, but it is not always possible. If you have significant debts you may already be in a situation that you cannot budget your way out of, and more decisive action is required.
In these cases debt consolidation, either through a debt consolidation loan or a formal debt agreement, are often the best places to start. A formal debt agreement will allow someone with significant debts to avoid bankruptcy and combine unaffordable debts and stop the harassing calls.
Even people with poor credit ratings who have been denied debt consolidation loans elsewhere can take advantage of a debt agreement.
To learn more, you should speak to someone who has experience setting up debt agreements that help people get out of debt. At Get Debt Free, we have a team of friendly debt management professionals, led by an experienced debt agreement administrator, who are able to provide you with free advice.
Talk to someone who can help. Take the first steps towards being debt free
Call today on 1800 98 10 70.