Debt consolidation — confidential finance review
Paying down your credit card just so you can use it again?
You make the repayment.
Some available credit comes back.
Then come the groceries, fuel, children's expenses and another unexpected bill.
Before long, you're back near the limit.
If you're making repayments but relying on the same credit to get through to your next pay, it may be worth looking at the bigger financial picture.
Prefer to talk? You can call Julieann directly on 0411 082 575
No guarantee of approval. Individual circumstances, eligibility and lender requirements apply.
Who you'll be speaking with
Hi, I'm Julieann Brown.
I'm a finance broker with over 20 years' lending experience.
I often speak with people who are earning an income and doing their best to keep everything going, but find that more and more of their pay is disappearing into repayments.
Sometimes they've started relying on credit for everyday expenses. Sometimes they've missed repayments. And sometimes their bank has already said no.
You don't need to know what the answer is before we talk.
My first job isn't to promise you a loan. It's to understand what's happening, where you stand and what options may be appropriate for your circumstances.
Pay. Spend. Repeat.
It can start innocently.
Money gets tight, so something goes onto the credit card.
Then another expense.
When payday arrives, you make the minimum repayment.
Maybe you've freed up a few hundred dollars. Maybe it's less than $1,000.
For a moment, there's some breathing room.
Then the family needs groceries. The car needs fuel. The kids need something.
And the available credit disappears again.
Next payday, you make another repayment and repeat the process.
You're paying the debt every month.
But you're also relying on that debt to live.
That can be an exhausting cycle.
Prefer to talk? You can call Julieann directly on 0411 082 575
Maybe you've already tried to fix it
You increased the credit limit to create some breathing room.
Then perhaps another card seemed like it would help.
Maybe you borrowed money from family.
Maybe you cut your own spending and stopped buying things for yourself.
Each decision may have helped temporarily.
But if the underlying repayments are still consuming most of the household income, the pressure can return.
When the card stops being for extras
Credit isn't necessarily being used for holidays or luxuries.
Sometimes it's paying for groceries. Fuel. Children's clothes. Birthdays. Christmas presents. Utility bills.
Things the family needs before the next pay arrives.
When everyday life starts depending on available credit, it may be time to understand the overall financial position rather than simply trying to make it through another month.
Prefer to talk? You can call Julieann directly on 0411 082 575
What if there have already been missed payments?
Missed repayments, arrears and your credit history can affect what lending options may be available.
That doesn't mean an application will be approved somewhere else.
And submitting application after application isn't necessarily the answer.
A review starts with understanding your current circumstances before considering what, if any, options may be appropriate.
What happens next?
Step 1
Tell us what's happening
We start with your income, debts, repayments and what's causing the immediate pressure.
Step 2
Look at the whole position
Your existing debts, property position, repayment history and relevant circumstances can be considered.
Step 3
Understand your options
Where potentially suitable finance options exist, they can be explained along with the relevant considerations.
If additional credit isn't appropriate, that's important to identify too.
There is no guarantee that finance will be available.
Confidential
Let us help
Making repayments shouldn't mean having to borrow the money straight back.
If you're relying on available credit for everyday family expenses, you can start by understanding where you stand.