What is financial hardship
Discover what hardship truly means and learn how to recognise if you're in a tough situation. Understanding these can help you navigate challenging times with more confidence.
Financial hardship happens when you're having difficulty making your repayments on your payment plan or personal loan, and that's okay. If you're finding it hard to keep up, don't hesitate to contact us early—we're here to support you and help find a solution that works for you. Remember, anyone can face financial challenges at any time. There are many reasons why repayments might become tough, including, but not limited to:
- Rising cost of living
- Injury or illness
- Unexpected or essential expenses
- Unemployment or income reduction
- Relationship breakdown
- Domestic violence
- Financial abuse
- Natural disasters
- Gambling
Remember, you're not alone, and we're here to support you during tough times. If you're facing financial challenges, our team may be able to help you.
Click HERE to learn more about the application requirements.
NEED A SHORT-TERM ARRANGEMENT
If you need temporary relief with just a few payments, a payment arrangement might be more suitable. Learn more about these HERE.