Credit Counselling

Is your debt getting the better of you? It’s time to embrace a brighter future with our credit counselling services. 

At Debt Busters, we believe everyone deserves to get their debt under control. No matter the size or type of your debt, our credit counsellors can take you through all of your options to help you develop a clear debt management strategy to get you back on your feet.

  • What is credit counselling?

    Credit counselling is a way to get expert information that’s tailored to your unique situation. Do you feel like you’re out of control with your credit card, loans, and other forms of debt? Sometimes we all need a bit of help to get back on track.

    Credit counselling is a good option for anyone who needs a financial expert to work with them one-on-one to improve his or her financial situation. From mortgage counseling to credit card help, we’re here to help you every step of the way.

    You’ll leave your credit counselling session with a real-life plan you can implement to achieve your financial goals. Whether you want to pay down your debt faster, consolidate, or just improve your financial situation, credit counseling is the first step.

    Are you ready to gain back control of your finances? Talk with one of our friendly debt counsellors today.

  • What Are the Different Forms of Credit Counseling?

    At Debt Busters, we’ll give you the information and advice you need to take control of your financial future. Aside from talking about general budgeting and financial wellness, credit counselling can come in the form of:

    • Debt Consolidation
    • Debt Negotiation
    • Informal payment arrangements
    • Debt agreements

    How do these relieve your debts? Let’s break down each type to help you understand the best debt solution for your financial situation.

    1. Debt Consolidation
    Debt consolidation is when you roll multiple debts into a single payment. It’s a smart choice if you’re struggling to balance multiple payments, rising interest rates, or other challenges that come along with having multiple debts.

    2. Debt Negotiation
    Another option is debt negotiation. This is a simple solution where you negotiate with creditors to lower the overall debt amount or the payback terms. Debt Busters can actually act on your behalf to handle all negotiations for you, making this is an easy solution.

    3. Informal Payment Arrangements
    If you’re facing endless phone calls from creditors, it’s time to put a stop to it. Similar to a debt agreement, this will allow you to settle your debts at a reasonable price without gaining additional interest on your accounts. This is a temporary agreement that needs to be renegotiated every few months, but it can have a lasting impact.

    4. Debt Agreements
    Finally, a debt agreement is a legally binding agreement between you and your creditors. It’s a way to repay what you can afford, not the entire amount that’s owed. Your creditor will need to agree to the agreement, and then your interest will be frozen on your accounts. Talk to an expert at Debt Busters to determine if you’re eligible for a debt agreement.

  • Is Credit Counseling Right For Me?

    There are a lot of situations when having a credit counselor is the right choice. Despite the myth that you need to be in dire circumstances to seek credit counseling, it’s actually open to people in any financial situation.

    Why do most people see a credit counselor? Here are some of the most common reasons:

    • Creating a budget
    • Debt consolidation strategy
    • Financial advice
    • Credit building
    • Mortgage assistance
    • Debt payoff options

    From general budgeting to debt counseling, there’s a wide range of reasons to see a credit counsellor. There’s no matter too big or too small to bring to your credit counseling meeting.

    If you’re ready to take the next step, talk to us today. We’re here to help.

  • How Do I Find a Credit Counselor?

    Finding the right credit counselor isn’t as hard as it sounds. As long as you find a legitimate, reputable organisation, you should be in good hands.

    To start your search, identify exactly what it is you need help with. From there, you can use this information to find the right counsellor that meets your needs. Remember that credit counsellors offer a variety of services, so the more you know about what you’re looking for, the easier it will be to find the right fit.

    At Debt Busters, we have over 14 years of experience helping our clients confidently manage their own debts. From financial management to debt-relief, our friendly experts are here to help.

  • How Do I Make the Most of My Credit Counseling Meeting?

    If this is your first time meeting with a credit counsellor, you’ll want to be prepared. To get the most out of the experience, start by gathering all of your financial information. You’ll need documents that show your income, assets, debts, and monthly payments.

    Having all of this prepared will help your credit counsellor give you better personalised advice. Next, schedule an appointment when you’re free from distractions. This is a valuable opportunity to get some much-needed clarity about your finances. Make sure you’re ready to focus without distractions.

    As long as you attend your meeting with an open mind and a positive mindset, you’re ready for anything. No matter your situation, credit counselling can be a good resource. You don’t have to be in a dire financial situation to learn something useful.

    If you’re looking for the right credit counselor, start with the professionals at Debt Busters. With over a decade of experience, our money experts are ready to help you take this next step in your financial journey. Give us a call now on 1300 368 322.

Speak to us today

Debt Busters is an Australian owned business which was founded in 2005 - since then we have been able to help thousands regain financial control.

Debt Busters prides itself on providing a dedicated Client Service Manager to work closer with you and provide a higher level of customised service about your situation.