Tim’s relationship came apart 3 years ago. As the main income earner, the credit cards were in his name and he was left to pay all of the debt after the split. Setting up a new life wasn’t cheap either. He had to use his credit cards to buy brand new furniture and put down a bond on a new rental property. He also didn’t update Centrelink about his change in living circumstances and was billed for overpayment of the Family Tax benefit. He’d now amassed numerous large debts and was unable to meet the minimum repayments demanded by his creditors.

We arranged for Tim to consolidate his debt repayments into one repayment of $140 per week, spread over 4 years (a weekly reduction of $50 per week). The calls from Centrelink and his various credit card companies stopped and Tim now had far more in his pocket each week to save and pay for other life essentials. After clearing the debt, he’ll also have a great savings habit in place and be able to build up a sizeable deposit for a new home.

Get your free phone consultation now by calling Debt Consolidation Info Australia on 1300 679 402 or fill in our Contact Form and we will be in touch within 24 hours.

Associates of Debt Consolidation Info