Credit Card Debt
Need to Consolidate Your Credit Debt? No Problem!
That's OK, Debt Fix is here for you! Our team can help you through debt consolidation, which is to bring all your debts together (including credit card debts) into one payment.
With the help of our team at Debt Fix, we can:
- Eliminate your credit card debt(s).
- Take financial control of your credit card(s).
- Save money on interest payments.
- Make one payment instead of several.
Unlike some companies, we know that everyone's situation is different. We understand your unique circumstances and provide you with the sensitivity your situation deserves. If you have bad credit or if you are struggling to pay your credit card debt, then debt consolidation may be the right solution for you.
Achieve Clarity and Stress No More
Whether it’s to lower your monthly payments, or needing a little extra for that next big purchase, Debt Fix can get you the help you need.
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Whether it’s to lower your monthly payments, or needing a little extra for that next big purchase, Debt Fix can get you the help you need.Start Now
Having unmanageable credit card debt is stressful. It seems that no matter how much money you put on your card, it never goes anywhere.
It’s a common story – you get your first credit card when you turn 18 and before you know it, you’ve racked up a debt that eats away at your hard earned income. You may have got the card initially for “emergencies only”, but over time and several moments of weakness later, the card is over its limit and you’re receiving calls and letters from your creditors demanding payment.
Of course, credit cards can be extremely useful and convenient and with new credit laws recently introduced, it’s now harder for banks and finance companies to automatically increase your credit limit. This being said though, it pays to shop around and make sure that your credit card has the best interest rate, terms, and conditions.
How Debt Fix Can Help You with Credit Card Debt
Tips to Reduce Your Credit Card Debt
- Get information. You can’t start rebuilding your credit until you know what’s in your credit report.
- Change the mistakes. You’d be surprised at how often credit reports are wrong.
- Get credit. Once your credit report is as clean and you meet the credit providers criteria, you can get it.
- Pay your bills and keep credit low. The single biggest factor making up your credit score is your payment history. If you pay your bills on time, your score goes up.
Jim got his first credit card when he was 18. He admits that he was far too young to handle the responsibility and before he knew it the card was maxed out at $10k. He tried to get a loan to reduce his interest repayments, but when the bank couldn’t approve the loan he got another card and used it to pay the first card. Before long, Jim had more than doubled his debt.
The money Jim paid towards the debt was only servicing the interest and other fees, and the debts were not coming down. Jim felt like a mouse in a wheel, running as fast as he can and getting nowhere.
One day Jim was confiding in a friend about his situation. His friend suggested he call Debt Fix because they were able to provide him with options to address his debt situation and chart a path towards debt freedom.
Jim called Debt Fix and spoke with Kylie. At first he was a little embarrassed but Kylie was so professional and spoke to him in such an understanding way, he felt comfortable straight away. Kylie asked Jim all about his situation; she ran through a budget asked him about his debts and his income and assets and for the first time in years Jim felt in control of his situation.
Kylie suggested a number of options Jim never knew existed or thought would be available to him. She told him all the ins and outs of each option and by the end of the conversation Jim felt as if a huge weight had been lifted.
Today, Jim is well on his way to being debt free. The stress and anxiety he once felt has disappeared and he can see the light at the end of the tunnel.
With years of experience and proven track record, Debt Fix is in the unique position that it’s able to offer a range of solutions to people struggling with debt. From Mortgage refinance, personal loans, budgeting assistance, free information and calculators, advocacy services, bankruptcy assistance to formal agreements and more – whatever your situation is, Debt Fix is well positioned to assist you regain control of your situation once and for all.
Contact Debt Fix today, ask to speak with a consultant for a free and no-obligation assessment. Just like Jim, you too can look forward to putting your unmanageable credit debts behind you once and for all.
Debt Fix Fast Fact:
“…When you can’t pay your minimum monthly payment, credit cards allow you to spend money you don’t necessarily have, and in this way are very dangerous for people with limited income. Credit card interest is usually the highest rate of interest for any type of loan. The only way to avoid the high interest is to stop using your credit card for cash advances and to pay the whole balance within the interest-free period.
If you have a credit card and only pay the minimum monthly payment you’ll end up in debt. By paying just the minimum payment, $1000 on your credit card can become an 11 year loan, even with no extra purchases….” www.Moneyhelp.org.au
Articles for Managing Credit Card Debt
- Credit Card Advice — The Benefit of Credit Card Debt Consolidation
- Financial Freedom Through Debt Consolidation
- Why Australians Need Credit Card Debt Consolidation Services - Urgently
- Starting From Scratch: Credit Repairs Basics
Visit the Debt Fix blog where we regularly add articles and tips for helping you manage your debt.