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What is the Difference Between a Part 9 Debt Agreement and an Informal Agreement?

Posted by Debt Rescue on Sep 4, 2019 12:08:00 PM

If you are unable to pay off your debts, a Debt Agreement is an affordable option that allows you to reduce your debts and avoid the long-term effects of Bankruptcy. There are two types of Agreements: A Formal Part 9 Debt Agreement (DA) and an Informal Agreement (IA).

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Topics: Debt Agreements, News, Informal Agreement

What You Need to Know About the 2019 Federal Budget

Posted by Debt Rescue on May 7, 2019 10:00:00 AM

On the 2 April 2019, the Australian Government handed down the 2019-20 Federal Budget. We’ve put together a summary of the key takeaways on how the budget will affect you.

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Topics: News

ASIC Review of Buy-Now-Pay-Later Arrangements: Will You Be Affected?

Posted by Debt Rescue on Feb 26, 2019 11:00:00 AM

Buy-now-pay-later services are the increasingly popular way for Australians to purchase products without paying the full amount upfront. AISC recently investigated the industry and has released a plan to review current buy-now-pay-later services.

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Topics: News

6 Things to do if You Are in Mortgage Stress

Posted by Debt Rescue on Oct 9, 2018 3:18:00 PM

Mortgage stress is simple. If you are paying over 30% of your income towards your mortgage, you are considered to be in mortgage stress. We've put together a list of the best things to do if you are in mortgage stress.

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Topics: Debt Relief, News

How is a Default Listed on a Credit File?

Posted by Debt Rescue on Jan 27, 2018 12:00:00 AM

Having a default listed on your credit file can be scary. Often it isn’t until our credit score is in jeopardy until we take notice of its importance.

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Topics: News

The Mining Boom Goes Bust

Posted by Debt Rescue on Mar 30, 2017 10:45:00 AM

The mining boom was the modern day gold rush in Australia. The promise of job security and high wages lured people away from their run of the mill lives to live the high life as a mining professional.

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Topics: News

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