Achieve Financial Freedom with Debt Management

Tackle Debt Head-On with the Help of Credit Mend Australia

Poor debt management can often lead to bad credit which makes it hard to get a loan. talk to our dedicated professionals to help you manage your debt.

If you are feeling overwhelmed by debt, you are not alone. According to the Federal Reserve Quarterly Report on Household Debt and Credit, the number of Australians struggling with debt has risen since the start of 2021. T

his is likely due to the fact that stimulus payments have slowed down and people who were able to control their debt during the height of the pandemic in 2020 are now seeing their debts mount.

Fortunately, there are a variety of options available to help those struggling with debt get back on track and regain control over their finances.

If you and your creditors are struggling to find a solution that works for both parties, it might be time to bring in an outside mediator. Credit Mend’s debt management services provide a platform for both borrowers and lenders to effectively communicate their needs and desires, with the aim of finding an outcome that is sustainable for everyone involved. This can help bridge the divide between both parties, allowing for a resolution to be reached without either party feeling as though they have lost out.

Whether your debt is from credit cards, medical bills, major home repairs, student loans or anything else Credit Mend Australia may be able to help.

What is a Debt Management Plan?

A Debt Management Plan (DMP) is an arrangement made between debtors and creditors, with assistance from debt management firms. This new plan replaces all of your previous obligations and commitments to your debts, creating a structure that is much more manageable and reflective of your current financial situation. With the help of a DMP, you can rest assured knowing that your debt payments are organized in a way that is beneficial for both you and your creditors.

A Debt Management Plan (DMP) is an effective way to manage your debt. With a DMP, you will have a new repayment schedule and a new relationship with your creditors that is intended to help you settle debt and improve your financial position. Compared to the alternatives of a Part IX Debt Agreement or declaring bankruptcy, many people prefer this option since it allows them to maintain control over their finances while still addressing their debt obligations.

What is a Part IX Debt Agreement?

A Part IX Debt Agreement is an agreement that we can help you make with your creditors to repay your outstanding debt. With our help, we can negotiate a rate that you can afford which is often much lower than what you originally owe. This agreement stops any further interest being charged on the debts that have been included in the agreement. It also allows people who are struggling to repay their debt to create a plan that they can manage while still taking care of their other financial commitments.

A debt agreement is a legally binding contract between you and your creditors. It is listed on your credit report and will be updated as it is settled. Most debt agreements have a maximum term of three years, which means that any unpaid debts must be paid within this time period or will become void. Once the debt agreement has been finalized, Your Part 9 Debt Agreement will be removed from your credit file and your name removed from the NPII after 5 years.

Unlock Your Potential For Financial Freedom

If you’re looking to make your life better, Credit Mend Australia Debt Management can help. They offer debt assistance for people with unsecured personal debts, so you don’t have to struggle with your financial situation any longer. With their help, you can take the steps necessary to get back on track and get a fresh start.

how to clean my credit

Stop the phone calls

Having creditors chasing you for payments can be a stressful and overwhelming experience, but thankfully there is help available. Credit Mend will take the burden off your shoulders and talk to your creditors on your behalf and stop the phone calls.

credit restoration australia

Ongoing interest stopped

To make sure your spiraling debt is under control we’ll ask your creditors to freeze the interest on your existing debt. This should help you gain a better understanding of how much you owe and provide you with a more manageable repayment plan.

credit restoration australia

We negotiate for you

We work directly with your creditors to create a plan for becoming debt free. We take the hassle out of settling debts by negotiating payment terms and paying creditors on your behalf making the process as easy and stress-free as possible

Rating_Text
Based on 137 reviews
Chris Turnbull
Chris Turnbull
2022-09-22
Mani is an absolute legend. Not only did he have my Telstra default removed( while he was in hospital), but also had my debt cleared. Thank you so much.
Denny Tangka
Denny Tangka
2022-08-10
Mani the Director from Credit Mend. What can I say. His work, commitment and dedication was unbelievable. He was able to get rid of my default from Virgin Money and Citibank within less than his agreed time frame. I wasn't able to get a car loan because of this and Mani has made this happened. I am now in a better position and ready for a new beginning. Thank you Mani, you have been amazing.
Angus Oneill
Angus Oneill
2022-07-29
I couldn’t be anymore happier for the Director of Credit Mend Australia, Mani for restoring my credit file in less than 30 days. He successfully removed 3 Defaults from my Equifax Credit file. The best thing about credit Mends service he managed to wipe my Money 3 Default removed and debt of $9600. So technically I received credit Mends service for free and I’m able to borrow money and get a new car. Thank you Mani and Credit Mend Australia for changing my life 🙏
torin orlando
torin orlando
2022-07-20
Had little faith in the industry to begin with but Mani bent over backwards to get the greatest outcome possible even though there was no breach in which saved me thousands! Had a fast turn around time of 26 days would Recommend to anybody who is looking for such a service with results
Matthew Thomson
Matthew Thomson
2022-07-19
Just used Mani at Credit Mend Australia, awesome, quick and easy service, Mani was able to get the black mark and the late payments of the record so I can continue to rebuild our life and remortgage our property. Highly recommend to use Credit Mend to for fast and efficient service. Upmost Professional and caring person, I can’t have ask for more and could not be more happier. Regards Matt T
Mehmet Oz
Mehmet Oz
2022-06-10
They are amazing. Mani is the legend he just removed my default in 2 weeks only. They are fast and very professional. These guys know what they do. They are so professional and responsible. They are not only fix your problem also they educate you about your past and future financial situation. Highly recommended. Thanks guys. Really appreciated it.
Leigh Metzeling
Leigh Metzeling
2022-06-10
The director Mannie was second to none... Mannie was attentive 24/7.. Honest along with evaluating all possibilities to come to a solution.. Finance Sorted - Would 100% recommend Credit Mend ahead of any other agencies. You are not just another number with Credit Mend Australia..
John Covic
John Covic
2022-06-06
highly recommend Credit mend and the team, they worked tirelessly to have complex defaults removed, thank you Mani and credit mend team for all the professional assistance along with the desired outcome. Our life is back on track after so many years of pain , once again
Ngan Le
Ngan Le
2022-06-03
Mani is the best in the business! Answered every question and outlined the process from beginning to end. Cannot recommend Mani and his team enough!! Thank you Mani & CreditmMend :))
Sequoia Stewart
Sequoia Stewart
2022-05-24
Mani was incredibly helpful and removed my credit default so quickly. I am so grateful for what he has done for me! I had a credit default from Money3 and Mani was able to get the debt completely removed I HIGHLY recommend Credit Mend Australia, dont waste your time with other companies

Call our Credit Repair Experts Today

Gain back your financial freedom!

Suite 75, 8 Clunies Ross Court Eight Mile Plains, QLD 4113

Call Now
ENQUIRE NOW

For a FREE Credit Consultation

    X
    ENQUIRE NOW