+ Reply to Thread
Results 1 to 4 of 4
  1. #1
    Join Date
    May 2012
    Location
    Perth, Western Australia
    Posts
    176
    Thanks
    20
    Thanked
    22
    Reviews
    1

    Default Help with debt.... Possibly a debt consolidation....

    Hi there

    At the moment Im really struggling with my finances, and im trying to work out how to pay everything off cheapest and fastest way possible... I pretty much owe money here there and everywhere!

    Im looking at a debt consolidation (NOT an debt agreement) and would really like peoples experiences and personal advice (i know people may not be able to give professional advice) - Im currently only on centerlink payments, so would have to be approved with this as my income....

    Long story short, I lost my job when I was 18 weeks pregnant due to staff cuts . I have a few credit cards, which were all payed off, nothing owing.... But once I lost my job I wasnt eligible for centerlink payments, and had no money, so to buy things I used my credit cards (stupid i know!) but now my LO is almost one and Im still struggling to pay everything

    So im just after some advice and options on what I could do to help myself

    (also please dont say to get a job as I have had a few jobs, but was actually getting more on centerlink.... I also have a new full time job lined up, but will only be getting about an extra $100 per fortnight than what I get now, which will help but stil not a huge amount.)

    Sorry this was so long

    And thankyou for your help!

  2. #2
    Join Date
    Aug 2012
    Posts
    140
    Thanks
    14
    Thanked
    27
    Reviews
    0

    Default Re: Help with debt.... Possibly a debt consolidation....

    Sorry to hear about your situation. I have heard there are financial advisors at centrelink you can talk to? Someone might have to correct me if I'm wrong...

    Me + DH
    DS 2
    DD
    :-)

  3. #3
    Join Date
    May 2012
    Location
    Perth, Western Australia
    Posts
    176
    Thanks
    20
    Thanked
    22
    Reviews
    1
    Thanks totally sucks! But hopefully I can fix it shortly
    I will have to find out! will give them a call tomorrow (they have never mentioned it - but thats nothing new hahaha)

    Quote Originally Posted by cookiedough View Post
    Sorry to hear about your situation. I have heard there are financial advisors at centrelink you can talk to? Someone might have to correct me if I'm wrong...

    Me + DH
    DS 2
    DD
    :-)

  4. #4
    Join Date
    Apr 2012
    Posts
    318
    Thanks
    3
    Thanked
    76
    Reviews
    0

    Default Re: Help with debt.... Possibly a debt consolidation....

    Can you ring your cradtr card providers and ask about hardship arrangements they have? Usually they will reduce or stop all interest and can offer a low repayment option so that you can get back on your feet.

    Sent from my GT-P7320T using BubHub


 

Similar Threads

  1. how much debt are you in ?
    By flukeas in forum Family Finances
    Replies: 100
    Last Post: 10-09-2012, 15:20
  2. Debt Advice
    By monnie24 in forum Family Finances
    Replies: 12
    Last Post: 07-09-2012, 19:36
  3. Debt consolidation???
    By authenticbabe in forum Family Finances
    Replies: 22
    Last Post: 03-05-2012, 19:43

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
FEATURED SUPPORTER
KindyROOKindyROO offers activities for babies & toddlers in a fun learning centre, focussing on developmental education. ...
REVIEWS
"Pigeon teats rule!"
by Alex
Pigeon PP Wide Neck reviews ›
"Wonderful natural Aussie made product!"
by Mrstwr
Baby U Goat Milk Moisturiser reviews ›
"Replaced good quality with cheap tight nappies"
by Kris
Coles Comfy Bots Nappies reviews ›