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Consumer and Financial Decisions
Financial Management
Strategies to deal with Financial Management
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Cards (5)
Seek professional advice (e.g from an accoutant or
legal aid officer
or
financial advisor
)
2.
Talk to creditors
(negotiate change in repayments and to postpone repossession + applying to defer from payments for a while)
3. Debt Consolidation (combine all
loans
and debts into one to make them
easier
to manage)
4. Apply for
Bankruptcy
(
last resort option
so they are only to be prevented from working in specific professions).
5. Seek Financial Counselling (contact the
Financial Counsellors Association
of
NSW
)
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