If you are struggling with debt, you might feel as though free financial help is in short supply. Debt and financial hardship is a serious issue in Australia and if you have ever felt as though you have struggled with your finances, you are not alone. One in eight Australians are living below the poverty line and 70% of Aussies have struggled with debt at least once in their lives. If you have ever felt isolated and helpless by your financial situation you will be relieved to learn free financial help is available.
Free Financial Help is Available Across Australia
Each State Government has schemes, benefits and assistance in place to help people who are struggling with their finances. The assistance available is designed to help people who are in a dire financial situation or who are struggling after an unavoidable change in their circumstances.
What Help is Available?
If you are on your last financial legs you can turn to a number of free services for help. Financial counselling services will help you find a way to get back on track, whether that is developing a budget or seeking professional help through a debt agreement or even bankruptcy. As well as free financial advise, there are benefits, schemes and loans available to help with rent, bond, bills, utilities and essential purchases like fridges and washing machines.
We have put together a list of the free financial assistance available in each State/Territory. You can find yours below:
- New South Wales
- Australian Capital Territory
- South Australia
- Western Australia
- Northern Territory
How do I Apply?
Free financial help in Australia differs between each State and Territory and each organisation has different eligibility criteria. If you find a service which could help you get back on your feet you will need to ensure it is available in your area and check to see if you are eligible.
Tackling Debt Head On
If the free financial help provided isn't enough to help you out of your financial situation, you might need to consider taking stronger action and tackle your debts head on. You may consider speaking with a specialist debt relief consultant who could recommend a debt consolidation loan, entering into a debt agreement or even declaring bankruptcy. For more information on free financial help call Debt Rescue and Talk to An Aussie Who Cares on 1800 00 3328.