If you own a credit card and you use it - you're in debt. According to finder.com.au 70% of Australian adults own a credit card with an average card balance of $3,231.[1] While credit cards are …
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.
Check your options before you borrow:
For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor
Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan
If you are on government benefits, ask if you can receive an advance from Centrelink: Phone: 13 17 94 http://www.humanservices.gov.au
The Government’s MoneySmart website shows you how small amount loans work and suggests other options that may help you. https://www.moneysmart.gov.au/
This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.
