In financial trouble? Don’t panic!

Posted on: 30 Mar 2020

Financial Hardship is so common, it is expected that most people at some time in their life will feel the financial pinch of a one life event or another. The important factor to remember is that when you cannot afford your credit card payments, you have options.

You no longer need to surrender your superannuation or sell an asset to get through the next few lean months.

You can explore options of 3-month payment holiday, that is, your bank will hold your monthly payments if you’re financially struggling. But wait, there’s more. Under some circumstances, if you cannot pay your credit card payments, a good negotiator can facilitate a partial or whole debt waiver for you.

Talk to us, here at Credit Mediation Service, for more information if you’re struggling with debt.