Debt Management Services

Struggling with debts and repayments?                           Been refused finance?

                                 Being hassled by Debt Collection Agencies?

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Debt Management incorporates an Informal Hardship Management Plan (HMP) when you are struggling to maintain your repayments with creditors.

The HMP is set up to allow you to make minimum repayments, with interest put on hold, until such time as you are in a better financial position.

This is not a Part IX Agreement and will not affect your credit file in anyway unless the agreement is not kept.

All the hassling phone calls stop as all communication and correspondence is through Select.

Any unsecured or secured debt can be included in the HMP. For example:

• Mortgage repayments

• Car loans

• Credit Cards

• Personal Loans

• ATO debt

We charge a fee per account for the initial set up and this fee is paid monthly, via a Direct Credit Payment Plan, as is the annual fee which is determined by a % of the total debt.

Should the payment arrangement be unsuccessful, there is no fee payable.

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A budget can be created to assist with payments and savings though it is advisory only and not in anyway financial advice.

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If you would like to discuss your situation and determine if this would be suitable for you, please send your enquiry below and we will be in touch.