Contact us today or call a member of our team on 1300 368 332 for a confidential discussion regarding your financial situation and how we can help.
Frequently Asked Questions:
What is credit counseling?
Credit counseling is a service designed to help you manage debt, create a realistic budget, and understand your financial options. At DebtBusters, our expert credit consultants use their extensive knowledge of financial strategies to provide personalised advice and guide you toward financial freedom.
How can credit counseling help me?
Credit counseling can help you:
- Reduce financial stress by understanding your debt options.
- Create a tailored plan to manage your debt.
- Avoid bankruptcy by exploring alternatives.
- Understand how your credit reporting history impacts your financial goals and work toward improving it.
- Regain control of your finances with professional guidance.
Does credit counseling affect my credit score?
Credit counseling itself does not affect your credit score. However, specific actions, such as entering a debt management plan (DMP), may have an impact. We’ll guide you through the process to ensure you make the best decision for your situation.
What documents should I prepare for a credit counselling session?
To provide further information during your session, you’ll need to share details about your financial situation, including income, expenses, bad debts, and any overdue accounts. Additionally, proof of identity, such as a passport or driver’s license is required. Credit reports also play a critical role in helping us assess your financial standing and create a tailored plan.
Is credit counselling confidential?
Absolutely. All client information is handled with strict confidentiality. Your financial details are only used to provide tailored advice that addresses your specific needs.
What’s the difference between credit counseling and debt consolidation?
Credit counseling focuses on providing education, budgeting tools, and a personalised debt management plan. Debt consolidation combines multiple debts into one loan. Our credit counselors will help you decide which solution is right for you.
Am I eligible for credit counseling?
Credit counseling is for anyone who feels overwhelmed by debt, regardless of income level or credit history. Contact us to schedule a confidential consultation to see how we can help.
How can I get started with Debt Busters’ credit counselling services?
You can start by visiting our website or contacting us directly at 1300 368 332. Our expert credit consultants are here to provide further information and schedule your first session.
