Debt help

Struggling with debt? Get professional debt help today!
  • Reduce your total repayments
  • Gain greater control of your money
  • Get creditors off your back
  • Stay on track.
Are you tired of living week-to-week or sick of seeing your money lost on fees and interest charges? You are not alone. The most important thing is that you’re ready to make a change.
Get started with a FREE

tailored budget plan

  • Initial 10 min chat
  • Private & confidential
  • Obligation-free
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For 25 years, MyBudget has helped 130,000+ Australians fast track their financial goals by reducing their debt and building savings.

For 25 years, MyBudget has helped 130,000+ Australians reduce debt and grow savings.

The majority of MyBudget clients get the debt help they need to pay off 90% of their unsecured debt in just over 3 years.

How we can help reduce debt

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The right debt solutions

We put a debt solutions plan in place based on your needs. We’ll then build a budget that can help you achieve this without compromising your lifestyle.
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Talk to creditors on your behalf

We stop the unwanted phone calls from debt collectors and arrange the best solutions for you, taking away the stress.
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Pay your way out of debt

Through budgeting, you may be able to pay your way out of debt without needing new loans or credit cards.
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Improve credit score

We can help improve your credit score with a budget plan that keeps you on track with your credit and loan payments. On-time payments are a key step in improving your credit score.
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Build emergency savings

We can help you create savings, while eliminating debt, to protect against the unexpected.
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Have peace of mind
Reducing debt stress will allow you to spend more time on the important things in life.
We’ll help design a tailored plan that provides you debt relief.
  • Implement practical ways to pay off your debt
  • Rebuild your credit rating by paying your bills on time
  • We’ll do the heavy lifting by talking with your creditors so you don’t have to
  • We do the work that keeps your repayments on track
  • Let us take away your money worries and gain peace of mind.
debt solutions

Megan & Creagh | Clients since 2018

Together, we’ll design a tailored budget plan that makes your money go further.
  • We’ll help you understand how to budget effectively
  • Create short and long-term savings plans you can stick to
  • Build emergency savings to prepare you for the unexpected
  • Let us take away your money worries and do the heavy lifting for you.
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Bec & Jarrad | Clients since 2016

Imagine total financial freedom – got it? Now let’s get you there.

  • Get a tailored budget plan that helps you achieve your financial goals
  • Get out of debt and start saving
  • Have peace on mind knowing your bills are paid on time
  • We do all the heavy lifting so you can focus on living.
debt consolidation

Leah | MyBudget team member

Personal budgeting

Together, we’ll design a tailored budget plan that makes your money go further.

  • We’ll help you understand how to budget effectively
  • Create short and long-term savings plans you can stick to
  • Build emergency savings to prepare you for the unexpected
  • Let us take away your money worries and do the heavy lifting for you.

Debt solutions

We’ll help design a tailored plan that provides you debt relief.
  • Implement practical ways to pay off your debt
  • Rebuild your credit rating by paying your bills on time
  • We’ll do the heavy lifting by talking with your creditors so you don’t have to
  • We do the work that keeps your repayments on track
  • Let us take away your money worries and gain peace of mind.
Total visibility & support

Imagine total financial freedom – got it? Now let’s get you there.

  • Get a tailored budget plan that helps you achieve your financial goals
  • Get out of debt and start saving
  • Have peace on mind knowing your bills are paid on time
  • We do all the heavy lifting so you can focus on living.
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Megan & Creagh | MyBudget clients

Imagine having the weight lifted off your shoulders

MyBudget has helped over 130,000 Australians transform their money and their lives. We can help you too.
  • No more sleepless nights
  • No more fighting about money
  • No more calls from creditors
  • No more living week to week.
With the help of our expert money coaches, you can rest easy knowing you have a plan in place that will see your debt reduce and your savings grow.

A quick 10-minute call is all it takes to start your journey to becoming debt-free.

We offer a range of debt relief solutions, including debt consolidation

  • Get a debt relief strategy tailored just for you
  • Paying off debt and achieving financial stability is easier with the support of our caring debt relief experts and automated money management system
  • Our money experts do all the work that will provide you with quick debt relief, including talking with your creditors
  • Experience financial freedom and new options with FREE access to MyBudget Loans, designed to help even those with bad credit rebuild their finances.
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Leah | MyBudget team member

How does MyBudget help reduce debt?

We can manage your budget for you

50 percent off
12 month tailored budget plan
Our dedicated team will get you set up for success with a plan that helps you achieve your goals
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We do the hard work

All your bills, savings and payments are managed for you. We can even negotiate with creditors

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Watch your finances improve
You’ll have access to our app. A great, helpful tool that gives you complete visibility and control of your money.

Don’t just take our word for it

We’re often featured in many trusted sources

I honestly cannot recommend MyBudget highly enough, nor can I thank them enough for completely changing my life. The fact is that I simply do not stress about money anymore. Literally the only thing I have to concern myself with is going to work and earning money. Any bills or expenses, I simply phone MyBudget, build it into the budget and it gets paid on time! If you are not saving any money or debt is getting on top of you, call them. You only have peace of mind to gain.

BrianMyBudget Client

They have got me out of debt. It’s brilliant. I couldn’t have done it without you.

JackieMyBudget Client

If it wasn’t for MyBudget I would have been buried under debt, possibly even bankrupt years ago. Every MyBudget staff member I have dealt with has been amazing. They are understanding, non-judgemental and caring. I feel at peace and am able to sleep knowing that all bills are paid on time and I have been able to start saving.

CarolynMyBudget Client

Debt Help FAQs

What debt services and solutions does MyBudget offer?

For those needing help with debt relief, we can look to see if we can speak with your creditors, negotiate payments and develop a tailored debt strategy. This may include debt consolidation, mortgage refinancing, a Part IX Debt Agreement, bankruptcy or affordably paying your way out of debt.

Will debt collectors still call me and how do you help?

Generally, collection calls begin to stop as we contact your creditors to advise them that we are managing your financial obligations. However, If a creditor or debt collector does call or contact you, ask them for their best contact number and for your account number/reference, and tell them you’ll be calling us to organise for us to contact them – then call us – we’ll sort the rest.

What is debt consolidation?

Debt consolidation combines multiple existing debts into a single new loan. The aim is to reduce your repayments by paying out your existing debts and rolling their balances into a single, larger loan with an interest rate and repayment that is lower than the sum of the previous, separate loans.

Does MyBudget provide financial advice?

MyBudget is a budgeting, debt solutions, and money management service. We provide a range of structure and support services associated with managing your personal expenses. While we do hold an Australian Financial Services Licence (AFSL) and Australian Credit Licence (ACL), we are not financial advisors and offer general financial advice only. For personal financial advice or financial product recommendations, we recommend you seek the services of a licensed financial advisor.

What if my expenses are higher than my income?

This is a very common scenario. We may negotiate with your creditors to obtain the lowest monthly payment obligation that fits within your personal or household budget.
We also offer suggestions on how you can tailor your expenses to reflect your income.

What if I get an unexpected bill?

If an emergency or unexpected expense should arise, all you need to do is contact MyBudget. We’ll work with you to find a solution. Ideally, unexpected expenses can be covered with savings set up for this purpose, and we’ll assist you to develop that buffer. Alternatively, we can look to see if we can rework and adjust your budget to accommodate payment of the bill. We’re here to help.

Can’t find what you’re looking for? More FAQs.

Read our money tips

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