Help with Home Loan Debt

It’s the great Australian dream to own your home. But, unfortunately, for many people that dream turns into a nightmare.

If your home loan is pulling you under, there’s no need to feel alone. MyBudget sees thousands of clients every year who are in a similar position. Debt help is available.

The reasons why people need debt help with their home loan.

Let’s face it—life doesn’t always go to plan. The days of holding down a job with the same company for 30 years are becoming a thing of the past. These days, change is the only constant, which means that at any moment your employment and income is liable to change.

Income reduction could be caused by a job loss, restructuring in the workplace or life changes such as a divorce, the birth of a baby or going back to study. Your expenses may suddenly increase due to school fees, car repairs, other debts or home renovations. There are countless reasons why people find themselves needing debt help.

When there are always competing debts to pay and not enough income to cover them all, it’s easy to suddenly miss a mortgage repayment and then another. The situation can quickly snowball. Add the rising cost of real estate into the picture, and it’s easy to see why so many people end up with high mortgage repayments and little equity in their home.

MyBudget debt help keeps people from losing their homes.

We have thousands of clients who first approached us because they were afraid of losing their homes. MyBudget’s debt help reduced their debt and got them back on track. We helped these people and we can help you, too.

We find that most clients who need home loan debt help, also need debt help with other bills and expenses. That’s because most people value their mortgage highly—it’s usually the last debt they allow to fall behind.

MyBudget provides debt help by looking at the big picture. We look at your whole financial situation and create a realistic financial plan that addresses all of your problems.

Get on top of your mortgage. Debt help starts with a free MyBudget consultation.

It starts with a free consultation where we will assess your financial situation in detail. As well as analysing your income and expenses, we closely examine your debt situation. Even if you decide not to proceed with MyBudget, your customised budget plan and our recommendations are yours to keep for free.

Unlike companies that only sell loan products, we explore all of your options. We make a recommendation based on your specific needs. The solutions we recommend, therefore, will vary from one person to another because no two situations are exactly the same.

If you do become a MyBudget client, we can communicate with your creditors on your behalf and negotiate realistic payment plans with them—repayments based on what you can afford. Our vast experience in debt negotiation means that we know what sorts of terms are achievable. In some instances, we can negotiate for payments to cease for a period of time while you get back on track.

Putting your finances back on track is easier and quicker when you have MyBudget to do the heavy lifting for you. We make sure that your bills are paid on time and that there’s always enough money to cover your living expenses. In 2011 alone, we managed over 1.5 million payments to creditors and $250 million in salaries.

Remember, it’s important to advise your creditors of your circumstances and the fact that you’re receiving professional debt help. This will significantly improve your situation. Ignoring the problem and not seeking debt help is only likely to make matters worse.

MyBudget’s debt help meant that Annette could keep her home. We can help you, too.

Annette was struggling to keep her family home after a divorce. With MyBudget’s debt help, she now has financial stability and savings. Annette is stress-free and loving life again.

Debt help is one phone call away.

A free consultation with MyBudget is an opportunity to gain deep insights into your financial situation and all of your options. Even if you decide not to become a MyBudget client, the budget plan we prepare for you is yours to keep at no charge.

Change doesn’t have to be difficult. The first step is always the hardest, but in this case it’s as simple as making a phone call. Take the step today to get out of debt and start saving. It’ll be the best decision you’ve ever made.