If you’re struggling to pay your bills, there are specific things you can do to sort out your finances.
- Check what benefits or grants you can get.
- Work out your budget to manage your money.
- Clear rent arrears.
- Sort out your Council Tax.
- Manage loan repayments.
- Deal with credit card debts.
Who can I call to help with my finances?
If you’re worried about money, don’t wait to get help. Call us for FREE on 0800 138 1111 (Monday-Friday 8am-8pm, Saturday 8am-4pm), or use our debt advice tool 24/7. You can find information and resources on the following topics: If you need financial help urgently.
How do I ask for help with finances?
5 Tips to Help You Ask Family and Friends for Financial Help
- Determine your needs. To avoid asking for more or less than you need, write out the exact amount you need and what you need it for.
- Explain your efforts so far.
- Develop a repayment plan.
- Give help in return.
- Be respectful.
How much can you get on a hardship payment?
How much you’ll get. The hardship payment is roughly 60% of the amount you were sanctioned by in the last month. If you’re still struggling to cover your costs, there may be other ways to get help with living costs while you’re on a sanction.
Can’t afford my bills What do I do?
1. Contact your lenders, loan servicers, and other creditors. If you can’t make a payment now, need more time, or want to discuss payment options, contact your lenders to explain your situation, and check their websites to see if they have information that can help you.
Where can I get help with my finances?
You can find registered BAS agents on the Tax Practitioners Board (TPB) register. If you’re in financial difficulty, a financial counsellor can help you manage your affairs in the short-term and plan for the future. Financial counsellors provide a free, confidential and independent service.
When do you need help with money right now?
If you need help with money right now, this instance and you’re desperately seeking financial assistance then there are organizations, people and agencies that can help you. If you’re in a high risk category which includes unemployed, homeless, in poverty or in need of medical treatment you might be eligible for financial assistance.
When do you need finance for a business?
Finance is required for registration of the company, for incorporation, for obtaining the certificate for starting the business and also for obtaining permission letter.
Where can I get free financial counselling for my business?
To find a financial counsellor near you, visit Australian Securities & Investments Commission’s (ASIC’s) MoneySmart website. If you have a rural business and you’re dealing with financial hardship, the Rural Financial Counselling Service (RFCS) may be able to help. It’s a free service and counsellors can visit your farm or business.
