If you’ve ever asked yourself, ‘Is it better to save or pay off debt?’ you’re not alone. The big question of whether you should use what’s left over each month to pay off your debt or put it away for retirement is a common one.
If you’re struggling with debt, knowing the Easter holidays and added spend are just around the corner may be creating additional stress. The good news is there is a solution to ease the strain: debt consolidation.
A Part 9 Debt Agreement discharge is your chance for a fresh financial start. Your debts are repaid, your financial slate is clean and you are in a position to start over. It can be difficult to know where to start and you might be worried about making financial decisions. Here is what you need to know once you receive a Part 9 Debt Agreement discharge.
Topics: Debt Agreements
Did you know that the government’s JobKeeper and JobSeeker Coronavirus Supplement payments are due to stop at the end of March? This may be unwelcome news if you’re struggling with debt and the financial fallout of COVID-19 and have been relying on the support to get by.
Topics: Budgeting, Debt Consolidation, Personal Debt, debt, debt help, Calculator, Budget Planner, JobKeeper, JobSeeker, coronavirus supplement, Job Keeper Changes, jobkeeper dates, centrelink jobkeeper
On 1 February 2021, the Reserve Bank of Australia (RBA) announced they’ve decided to leave current cash interest rates unchanged to support the country’s ongoing COVID-19 recovery. This rate currently sits at 0.1 per cent, where it has stayed since November 2020.
Topics: Budgeting, Debt Consolidation, Mortgage Refinancing, Home Loans, Bad Credit Loans, Personal Debt, debt, debt help, Current Interest Rates, Mortgage Freeze, Interest Rates, Calculator, Budget Planner, Reserve Bank Australia
As one of the most trusted providers of Debt Relief services in Australia, Debt Rescue receives hundreds of calls each week from people looking for free financial assistance in Queensland. The caring and compassionate team at Debt Rescue can provide Queenslanders with a number of effective and positive solutions to their bad debt.
Topics: Debt Relief