Our Articles, Knowledge and News about Debt Reduction
Here you'll find more helpful information about debt reduction for business debt, personal debt, credit card debt and medical debt as we share our knowledge and experience.
Prepare for 2019 as your year to save money
No matter the current status of your finances, there’s always room for improvement. It’s common for people to change their long-term financial plan as they get closer to retirement, but it’s also important to revise your financial strategy in the short term to help address current concerns or reach new goals in the new year.
Posted on 29 oct 2018
5 myths about Debt Negotiations
When you need help with debt, the promises you hear from companies who assist people with debt negotiations can be questionable, but is it really that easy and can these companies really deliver? Is settling your credit card debts for less than what you owe really that easy? And what are the consequences? If you’re in financial hardship, before you decide to try debt negotiation yourself, make sure you know the difference between common myths and the truth.
Posted on 22 oct 2018
4 Reasons why you need to be out of debt
If you need help with debt, getting out of debt should be a top priority of anyone who is in debt, and that’s a fact. Debt affects us all in a huge number of ways, and at times, we can’t even see how much of an impact is has. The sooner you get rid of debt, the better off you’ll be. Don’t believe it? Consider these five popular perks of living with low to no debt.
Posted on 17 oct 2018
Creating a Killer Budget
Creating my first budget can be extremely overwhelming. So overwhelming, in fact, that only 40% of families have a working budget. But it’s worth the effort. People have credit card and personal loan debts should be creating a budget spreadsheet to help them get debt free. Developing a budget that you can maintain over the long term will get you debt free and develop wealth. If you’re in financial hardship, you need a budget.
Posted on 17 oct 2018
5 Ways to Improve Your Credit Score
There’s a simple science to improving your credit score. We like to think of it as this: consistency x time = a red-hot credit score! We’ve put together the five most important factors that will help you improve your score over-time.
Posted on 8 oct 2018
Need help with debt? 3 options to consider if you can’t pay your loans
Bills are piling up, and you’re waiting for your next payday. You need to pay your rent, buy food and keep the electricity on. At this point, your credit card payments are probably the last thing on your mind.
Posted on 7 oct 2018
12 Ways to deal with Debt Collectors
No one likes dealing with Debt collectors, your under enough stress with your Credit Card payments and other loans, yet you know you may be experiencing financial hardship and need assistance. This is a guide that will show you, step by step, what to do when the debt collector comes knocking. after reading this article and you still feel uneasy about dealing with debt collectors, you can use a debt negotiator to help you with this.
Posted on 3 oct 2018
ASIC prescribes three-year period for credit card responsible lending assessments
Following consultation, ASIC has set a three-year period to be used by banks and credit providers when assessing a new credit card contract or credit limit increase for consumers. Reliable debt help in Australia can be difficult to come by, if you need help with debt, reach us on www.creditmediation.com.au
Posted on 3 oct 2018
Is Debt Bad for Your Health?
There’s hard medical facts correlating stress to physical health. People experiencing constant stress in their life are more likely to have cardiovascular problems, asthma attacks, liver issues, digestion issues, stomach ulcers and the list goes on. If you need help with debt, a debt negotiator could assist you.
Posted on 25 jul 2018
7 Signs you’re in financial trouble
Financial trouble is not necessarily characterised by major catastrophic events, like home repossession, it begins way earlier. If your living from pay cheque to pay cheque, it’s inevitable an unexpected life event will occur, like unemployment, and without savings you could be in real trouble. Sometimes it’s the case of not earning enough, more commonly however, you could make better short-term financial decisions that will benefit you in the medium and long-term future.
Posted on 23 jul 2018