Finding the right Debt Management Company

When thinking about debt management many people think of companies that will consolidate debts together for you under a repayment plan, allowing you to pay a single company a manageable monthly fee to get your debt under control. 

This can be a saving grace for when things do go south however there are different types of debt management companies that can be further reaching and used as a preventative measure rather than a worst case scenario. 

When is debt management needed?

Apathy can be a key factor to debt spiralling out of control or having a “she’ll be right” attitude however there are other factors to consider living and working in Australia. 

Consider you live a busy lifestyle populated by a career, a family, sporting commitments and a healthy social schedule. It can be difficult to find the time to evaluate your current debt position. Let’s be honest; if given the choice between crunching your numbers or counting the blades of grass in your backyard you might be more inclined to the latter. 

What can I do?

What you may not know is there are companies that specialise in taking the heartache out of managing multiple debts before things get truly bad.

By having a debt management company evaluate your current financial position, you may find some areas to streamline your major debts, eliminate credit feeds, excessive interest costs and show you how to control wasted income. Some specific companies also provide a program that allows you live access to your current financial and debt position so tracking your income becomes far easier. 

Should I act?

If you’ve gotten to the end of the week and felt like your hard work and income has been eaten up by the debts and bills in your life, it may be time to have a cost free evaluation. The Zenon Group provides no cost services for households who would like to know what their options are to manage the debts they have in their lives and are located in Robina, on the Gold Coast.