Debt relief an increasing trend as Aussies take a stand

Debt relief is an increasing trend in Australia as more and more Aussies strive to turn their lives around.

Personal debt management company Debt Rescue has reported a 265% increase in enquiries since January 1 and believes the increase in interest has come from Aussies who are ready to see change in their lives.

Debt Rescue operations manager Rachael Witton said the beginning of a new year usually inspires change in people, but this year is different.

“January is usually a busy time for us as people commit to their New Year’s resolutions to get out of debt,” she said.

“It is also around this time when families will receive their credit card statements for the Christmas period, and some will need our help to keep on top of their repayments.”

But Ms Witton said this year there seems to be a national trend toward getting out of debt.

“Toward the end of 2012 we started seeing reports which suggested a shift in people’s attitudes to their debt,” she said.

“Only 9 days into the new year and a report has shown fewer Aussies are struggling with their loan repayments and the demand for debt relief services is increasing at an enthusiastic pace.”

It seems struggling Aussies are only chasing one thing – debt relief.

Debt Rescue has been operating since 2005 and is continually growing and developing new strategies to help people out of debt.

One such strategy is a Debtstroyer Agreement.

“A Debtstroyer Agreement can be a secret weapon against bad debt,” Ms Witton said.

“Essentially, it is a debt repayment plan which allows you to renegotiate your outstanding debt to an amount which you can afford.

“The thing that makes a Debtstroyer Agreement so unique is it won’t impact your credit rating.”

While there are a number of different options available to people in debt to find relief from their financial struggle, most of them are noted on your credit file which can have the potential to hinder the ability to obtain financing down the track.

“A Debtstroyer Agreement isn’t noted on your credit file, so once your debt has been repaid through the agreement you can start to build your credit rating straight away without a lasting mark against your name,” Ms Witton said.

Debt Rescue can offer several debt relief strategies for Aussies at any stage of debt, whether they are only starting to fall behind or are facing bankruptcy.

If you would like to join in the national movement towards debt relief, contact Debt Rescue today.