Top 3 tips on how debt consolidation is an absolute must to maintain a good credit rating.

1.   Prevention is better than a cure

Who likes to talk about debt? No one I suppose. I remember when I was 18 and I asked my dad what a mortgage was and his reply was ‘Don’t worry about it’. I spent the next 10 years worrying about it and ended up with a STD from my ex… (STD stands for sexually transmitted debt if you didn’t know that). All because I was completely ignorant about debt and managing it properly.

After being in a bad place financially myself, the last thing I want to do is see people in the same situation. As much as I love helping people with bad credit, I honestly think that prevention is better than cure.

Hence this topic. It’s one close to my heart. If only I’d known about debt consolidation or about debt management a little bit more when I was younger, maybe I wouldn’t have ended up with such a financial disaster from my failed marriage.

We are all so precious about discussing our debts and managing them, but it’s really one of the most important parts of our adult lives – to manage our financial affairs efficiently. Without this, we can never really get ahead of the rat race or achieve goals that we set in front of ourselves and we can end up needing credit repair.

2.   Get some professional help

Debt consolidation and debt management can literally save your lives. If you seek independent advice from your accountants, your financial planners and your finance brokers, you could make sure that you and your loved ones sleep peacefully for years to come.

If you have no idea about debt, or how to manage it, we strongly suggest to go and see an adviser. Worried about your accounts, seek professional help from an accountant. Concerned about your financial future, speak to a financial planner. Want to buy an investment property and don’t know where to start. Get a great mortgage broker.

It really isn’t rocket science. With the right people around you, you will reach your goals and be able to make the right decisions regarding your debt, your family and your future and save you thousands of dollars in expensive interest rates and expensive credit repair services.

Make sure you pay your bills on time, including credit cards and mortgages. If you start to fall behind, pick up the phone and call your credit provider. They have to offer you financial assistance by law for consumer related debts, so talk to them if you are in a bad way financially.

3. Apply for a debt forgiveness plan

At Credit Fix Solutions, we offer a debt forgiveness programme and you can be confident that with our experience, knowledge and business awards under our belt that you are in safe hands.

If you are struggling with debts, we can help you negotiate settlements or give you some options on how to deal with the credit providers.  Just DON”T hide away from the phone calls.  And BE CAREFUL of payment plans as promised on TV.   Some of these are not true payment plans, and are actually Part 9 debt agreements in disguise (and that’s a bankruptcy that you have to declare for the rest of your life – if you didn’t know!!).

We offer free and honest consultations on your credit report if you need to ask any questions and can help you with financial assistance agreements.

Call 1300 43 65 69 today to find out more or contact us today for more help.

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