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Don't do it. Your credit will be bad for one to two years. In the second year you'll finally catch up, but that one big payment will be late for months until they negotiate a payment plan. You'll still end up paying triple or double to the debt consolidation company.

The risk is that many people consolidate with this mindset, then rely on their credit cards again. In the end, they face the same debt plus a new loan payment.

For clear financial guidance, check out Rebel Finance School. Their YouTube videos explain the process effectively.

Yes, if you are certain you can pay it off within 21 months. Otherwise, interest will accrue for the entire 21 month period.

I’d like some practical advice. My husband’s income can be inconsistent, and it’s been lower recently, especially during the holidays. We’ve actually increased our debt while trying t pay it down we’d put extra toward bills, then need to use credit again to cover essentials. My husband earns...

When you negotiate a lower interest rate directly with your credit card company, they typically suspend your card privileges during the repayment period. After the balance is paid in full, your card access is usually restored.

I want to help. If you have new debt after taking two consolidation loans, the core problem is likely your spending habits. Debt consolidation only works if you control your spending first. In your case, it seems you used it as a temporary fix for a deeper issue. My honest advice is to seek...

That's a frustrating situation, but it's common right now. Many lenders are reducing credit limits due to broader risk assessments, not your personal history. Moving that balance to a 0% APR card is a solid strategy to consider. If you'd like to explore this further, I host a free discussion...

I have a plan to become debt free in just over two and a half years likely by June 2027 clearing about $60,000. I'm using a combined snowball and avalanche approach. After paying off those four debts, if I redirect all that monthly payment money toward my mortgage, I can pay off my house in 17...

According to the courts, this is completely sufficient. Not my thinking, but there’s.

Check their social media. Look for signs they promote legal, ethical credit repair. Watch out for red flags like credit sweeps, CPNs, or advising you to file a false identity theft report with the FTC. There are several ways to vet them, but trust your instincts. If something seems too good to...

You can also consider other banks besides Capital One. They are not the only option for secured credit cards.

Yes, you can call and ask especially since you paid. If they say no, ask how it's legal for them to report to credit bureaus without sending a payment request to your address. You never received a monthly statement with the amount due; only he did. They are required to provide notice before...

If you can't dispute online, send a debt validation letter to the collection company. Require them to provide solid proof the debt is yours.

Check carefully for errors, such as incorrect amounts, missing documentation, or expired legal time limits. Read the packet thoroughly. Verify who filed the lawsuit whether it’s the original creditor or a debt buyer along with the claimed amount and the court date. Respond to the summons...

Happy to have a look, drop me a message mate.

Problem is you can't enter forbearance until youre already late....

I use Pionex day trading not aus based though

Where can I get this thing called a loand

Very very easy once you do it couple of times. It’s all on YouTube

SMSF Use that money to build a property portfolio.

1414 Degrees (14D) is set for a major step in 2026 as it moves to commercialize its products.

Keep in mind state government stamp duty concessions are minimal. Once a property exceeds $500,000, you pay full stamp duty and provide your deposit. I’m not available for the next week or so, but I’m happy to refer you to my colleague he can assist you.

Silver isn't the main source of value here. The issue is fiat currency weakening. Purchasing power is declining. Savers are shifting funds into more stable, less liquid assets.

Keep the $25,000 as an emergency fund until your wife returns to work.

You're better off hiring someone to manage the build than doing it yourself. Look for a supervisor or leading hand who can run the project so you don't have to. Advice from a carpenter.

Pro: You keep more cash on hand now rather than waiting. Con: If you miscalculate or your income changes, you could owe taxes later.

A shorter term will mean higher payments. The main impact beyond this is on your future borrowing capacity for mortgages or loans. Keep in mind, you will pay more total interest with a longer term because it is charged annually. I can show you the repayment amounts for both shorter and longer...

This is a smart observation. People often turn to financial books when they're looking to improve their situation. If this book has genuinely helped your net worth, that's a solid sign it's valuable, not just basic advice. I plan to watch the six minute book summary on YouTube later today...

Be very careful when people suggest that renovations on your primary residence are tax deductible. (I’m a broker, not an accountant.) 1. Understand the difference between improvements especially capital works and replacements. This affects whether you depreciate the cost or claim a direct tax...

ETFs are much better for long term

This person will likely retrieve it, but your chances of getting it from him are low.

Get your credit report from Equifax. See what debts are listed and pay them off. You may be able to remove them if you know how. I work in this field, so let me know if you need any advice.

In my opinion, anything with termites is too high risk to consider.

For most loans, your credit history and income are the main factors lenders consider. Only for major purchases, like a home, do other elements become important.

If you can't make your mortgage payments, the bank will eventually foreclose on your home. Even with a trust in place, it won't stop this process.

Xero, servicem8 and get a book keeper.

My first step would be to set a reminder to get full coverage insurance on my next vehicle.

Follow the right steps in order. First, buy a used van with lower specs that looks professional and can handle the work. Pay in cash avoid debt. To get a good home loan, you need at least one tax return showing strong finances. You can buy earlier, but you’ll pay higher interest rates. If...

$34 per hour. A low paid forklift driver gets that in Perth, some pay more

Put it all into mortgage with redraw facility.

It's concerning that many business owners don't know how to handle unpaid clients. This is a common issue some businesses even close because of it. You often end up spending more money to recover debts, and frequently, you get little or nothing back.

Im 70 VGS 30 VAS set up auto direct debit and reinvest dividends and forget

If your son is your husbands child I recommend filing for social security for him!

If you haven't requested deletion, the item remains posted. Reach out via email to request removal.

My employer informed me that my wages would be garnished starting on xx/xx. They also provided the court documents.

Stick with the debt snowball. It's working for you, and that visible progress is exactly why it's effective.

I have like $200 more dollars on mine. I am in the same exact boat.

I currently keep about one month's worth of savings, given my track record of quickly finding new opportunities.

Here's how to tackle your debt effectively: 1. Build a $1k emergency fund by paying the minimum on your credit cards. 2. Once you have the fund, focus on the credit card with the smallest balance and apply the $480 payment. 3. Continue making minimum payments on your other cards. 4. After...