Amanda
Informal Agreement
$30,000 in a mixture of credit card and buy now pay later debts as well as a personal and short term loan
Single
Rising cost of living + brief period of unemployment
Find out how we helped Amanda
Our Solution
Helping Amanda Take Back Control of Her Finances
During a brief period of unemployment, Amanda relied on her emergency credit cards to get her through - but with rising costs of living she was concerned she would never be able to get on top of her repayments.
Not sure of what to do next, Amanda filled in our online form and had a consultation with one of our Customer Success Specialists. They worked through and determined that Amanda could clear her debts in 5 years on an affordable weekly payment of $110 per week after prioritised living expenses (rent, utilities, food, fuel etc).
Our expert team negotiated the terms with Amanda’s creditors on her behalf, in order to get the plan agreed. This involved explaining to creditors in detail what she could afford and the timeframe for repayment.
Positive Outcome
Amanda Now Has Stability
30% Debt Reduction
Amanda’s creditors agreed to the arrangement and was able to have all interest removed from her debt.
Stress-Free Recovery
Without the financial stress, Amanda was focussed on moving forward with her life
The Impossible Was Possible
She could repay her debts at an affordable amount, reducing the pressure.