Debt Relief - Who Can Apply for Debt Consolidation?

Simply fill in the enquiry form on the right for a FREE ASSESSMENT. You are absolutely under no obligation to accept offers that are presented to you by our expert staff. It’s confidential and there is NO CREDIT CHECK.

 

Anybody is more than welcome to apply for debt relief by using a debt consolidation strategy. Of course, if you are unsure whether you are in a position to be approved for a debt consolidation loan – don’t worry about it. Your debt consolidation assessment does not involve any checks on your credit file. The process is confidential and even if you find out that your personal finances are not quite there yet to qualify (for example, if you are refinancing a young mortgage and do not have a lot of equity behind you) then we’ll help you with setting your financial goals – we can tell you how much you will need to save and once you are in a position to move ahead, we’ll have everything arranged for you.

 

Some of our clients have really felt the effects of the ‘global financial crisis’ hit home. These include:

 

1. Loss of employment – downsizing, restructuring and even large manufacturing plants shutting down completely due to a loss of ‘competitive advantage’ and businesses trying to lessen the impact of the slowing down of the economy
2. Huge losses in investment portfolios – many people have reported their stocks have been wiped out by the loss of consumer confidence
3. Huge losses in the amount of superannuation saved up – many people still have their superannuation tied up in high risk / high return securities. This has drastically effected the ‘baby boomers’ and forced some people out of retirement and back to the workforce.
4. For small businesses, a lower demand for goods and services resulting in less income for the self employed and poorer cash flow – making it harder to pay suppliers and staff, and therefore more difficult to operate their business

 

Some of the concerns about the future backlash of the recent global financial crisis include difficulty in paying off a mortgage – with interest rates lower than they were for 50 years, some people rushed into a home loan without considering future changes to interest rates. Now that interest rates are returning to their previous levels, some people with variable loans may struggle to pay the increased amount of interest on their mortgage.

 

 

DEBT RELIEF QUICKLINKS

 

Debt Relief - What is Debt Relief
Debt Relief - How to Apply for Debt Relief
Debt Relief - Benefits of Debt Relief
Debt Relief - Examples of Debt Relief
Debt Relief - Who Can Apply for Relief

 

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