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01

Debt negotiation questionnaire

Start your journey to becoming debt-free by completing our simple questionnaire. This helps our experienced debt negotiators understand your existing debts, income, and overall financial situation, so we can tailor the most suitable repayment arrangement for you.

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Why seek help from debt negotiators?

1. Save Time

Debt negotiators handle negotiations and communications with creditors and debt collectors, saving you time and reducing ongoing debt collection calls and follow-ups.

2. Expertise

With extensive experience in debt negotiation Australia-wide, we have specialised knowledge and expertise to secure favourable terms and settlements, such as a lump sum settlement or reduced repayments.

3. Reduce Stress

We work to alleviate financial pressure and the burden of debt. Our debt negotiation services are here to help you manage repayments, providing peace of mind and a path to financial freedom.

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Testimonials

Don’t take our word for it. Read what our happy customers think of us.

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Why Choose Us

If you’re struggling with loan repayments, financial hardship, or growing debt problems, choosing the right team can help you regain financial control, repair your credit score and work towards a positive outcome.

  • Expert Team with 10+ Years Experience
  • Leading in the Industry with an Impeccable Success Rate
  • Instant Credit Check and Credit Report Analysis
  • Personal Case Manager
  • Best Value for Money with one of the Cheapest Rates in the Country

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small business debt restructuring

05

Debt negotiation services: What’s involved?

Debt Negotiation Questionnaire:

Start your journey to financial freedom by filling out our comprehensive debt negotiation questionnaire.

Assessment of Debts and Financial Situation:

We analyse factors such as the types of debts you owe, the amount owed, and your income and expenses.

Negotiation with Creditors:

Once we have a clear understanding of your financial situation, our skilled debt negotiators will begin engaging with your creditors on your behalf. This may include:

  • Adjusting repayment terms
  • Requesting waived fees or waived interest
  • Arranging a payment plan
  • Exploring debt settlement or full and final settlement options

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Why is debt negotiation work vital for achieving financial control and freedom?

Debt negotiation is crucial in achieving financial stability as it empowers you to proactively manage debts. By engaging with a professional debt negotiator, you can potentially reduce the total amount owed, negotiate lower interest rates, and establish more manageable repayment terms.

Debt negotiation services can reduce financial stress and help set up long-term financial health and stability. Whether it’s securing reduced repayments, arranging a lump sum payment, or improving your repayment terms, the goal is to achieve a positive outcome that supports your financial goals. This gives you an opportunity to resolve your debts efficiently and effectively, avoiding the challenges of defaulting on loans or facing bankruptcy.

Fix My Credit can help you achieve a brighter financial future without the burden of debt. Our professional team can help you avoid escalating financial pressure, try to resolve issues before requiring legal action, and work towards long-term debt relief and financial stability.

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Addressing Your Financial Challenges

At Fix My Credit, we’re committed to helping you overcome financial hurdles with our comprehensive services:

Full Credit Report

Gain insight into your financial standing with a detailed credit report, providing an accurate overview of your credit history.

Credit Restoration

Fix My Credit will work hard to help you restore your credit by employing proven strategies to address negative items on your credit report and improve your credit score.

Debt Solutions

Whether through debt negotiation with creditors, or other personalised approaches, our team is here to help you regain control of your finances.

Removal of Defaults, Court Judgements & Clearouts

We tackle all kinds of credit challenges, including the removal of defaults, court judgments, and clear outs.

Assistance in Securing Finance

Whether you’re seeking a loan, mortgage, or other forms of financing, we assist in optimising your credit profile to increase your chances of approval.

Debt Negotiation

We specialise in negotiating with creditors on your behalf to achieve favourable terms for debt settlement.

ATO Debt negotiation

Pre Assessment & Small Business Restructuring

FAQs

What is debt negotiation?

Debt negotiation involves communicating with creditors to reach agreements on reducing the total amount owed, lowering interest rates, and establishing new repayment terms.

How does debt negotiation work?

A debt negotiator will assess your financial situation, communicate with all parties involved on your behalf, and work to secure favourable terms for repayment.

Will debt negotiation affect my credit score?

While debt negotiation may initially have a minor impact on your credit score, resolving debts through negotiation can ultimately improve your creditworthiness by reducing your overall debt burden.

What types of debts can be negotiated?

Various types of debts, including credit card debt, medical bills, personal loans, and even some types of student loans, can be negotiated.

How long does debt negotiation take?

The duration of debt negotiation varies depending on factors such as the amount of debt, the number of creditors involved, and the complexity of the negotiations. It can take several months to reach a resolution or see debt negotiation results.

Will I still receive collection calls during debt negotiation?

Once you engage in debt negotiation with Fix My Credit, creditors are typically instructed to direct all communication to your debt negotiator, reducing the frequency of collection calls.

What happens if creditors refuse to negotiate?

While creditors have the right to refuse negotiations, skilled negotiators can often find common ground and reach mutually beneficial agreements.

Do I need professional help for debt negotiation?

While it’s possible to negotiate debts on your own, enlisting the help of experienced debt negotiators like Fix My Credit can increase the likelihood of achieving better outcomes and navigating complex negotiations.

Is debt negotiation the same as debt settlement?

While debt negotiation and debt settlement are related, debt negotiation refers to the broader process of communicating with creditors to reach agreements, while debt settlement specifically involves reaching a settlement to pay off a debt for less than the full amount owed.

What common debt problems do we help with?

Common Debt Problems We Help Solve

Many Australians turn to debt negotiation services when they’re struggling with ongoing debt problems. At Fix My Credit, we understand that every client’s circumstances are different, which is why we tailor our approach to suit your needs. We commonly assist clients who are experiencing:

Payment difficulties

• Falling behind on loan repayments or missing a due date
• Struggling to afford repayments or reduce total debt
• Seeing balances increase due to late fees or high interest

Negotiation challenges

• Unable to re-negotiate existing debt agreement terms
• Under pressure from a lender or dealing with multiple parties involved
• Requiring tax debt negotiation services

Additional support

• Unsure about options like debt consolidation and the risks involved
• Referred to a financial counsellor or seeking financial counselling
• Looking for affordable repayment plans or hardship variations

Our experienced team works with you to understand your full financial situation, including your repayment history information, and develop tailored debt solutions to help settle debts. Where appropriate, we can also guide you on additional support pathways, including options available through an external dispute resolution scheme or services like the National Debt Helpline.

Get back on track

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