debt rescue

On the 2 April 2019, the Australian Government handed down the 2019-20 Federal Budget. We’ve put together a summary of the key takeaways on how the budget will affect you.

If you find yourself in a position where you’re unable to pay your bills, have growing debts like credit cards and loan repayments and your weekly income is not enough to meet your day-to-day living expenses, then you could be facing personal insolvency.

Buy-now-pay-later services are the increasingly popular way for Australians to purchase products without paying the full amount upfront. AISC recently investigated the industry and has released a plan to review current buy-now-pay-later services.

Mortgage stress is simple. If you are paying over 30% of your income towards your mortgage, you are considered to be in mortgage stress. We've put together a list of the best things to do if you are in mortgage stress.

In a recent analysis of Debt Rescue data, we have identified there has been a 271% increase in clients entering new Debt Agreements, who have accumulated an Afterpay debt over the last 6 months compared to be previous 6 months.

Australia has just hit the $50 billion mark for our national credit card debt, according to ASIC. In the 2016-17 Financial Year, Australians spent an estimated $621 million on interest and fees, and it’s time that someone stepped in and protected hard working struggling Aussies.