Getting out of debt
To help you get on track with your debt, let’s look at five practical steps you can take when things don’t go to plan.
LOOK FOR AN EXPERT
We can help you look at all your options to help you get back on track. If you are in serious trouble a financial counsellor will help you take stock of your financial situation and regroup. Their services are free, independent and confidential, and include:
- Help with budgeting
- Mapping out sustainable repayment plans
- Talking to your creditors
- Looking into government assistance.
Talk to us and we will help you work out your options. If you have equity in your home we may be able to consolidate your debt. We can look at your individual circumstances and work on a plan.
We can also help you get back on top by making arrangements with your lenders so that things don’t get out of control. The important thing is to talk to someone before it’s too late.
WORK OUT A BUDGET
When you’re battling, it’s easy to let things slip – and spend money you don’t have.
But working out how much money is coming in, how much you’re spending, and where it’s going, can help you take charge of a situation. Use our app to help get an insight into your spending and then we can help you work out how you can cut back.
START PAYING THINGS OFF
Look at what you have and lets make a plan to get back on track paying over the minimum payment on one debt at a time and getting it all back under control.
(video with client about refinancing and reducing debt)