Debt Management - Contracts - Financial Counselling
Contracts are legal documents that cover all obligations
including loans, credit cards, rental, gym membership, pawn shops
and telephones. They set out the terms and conditions of your
agreement with another party.
- Both you and the other party have the right to enforce the
terms of the contract in court.
- If you have trouble with making payments, read your contract,
check your options and check for any penalties. How do you
terminate it and are there are any costs?
- If you think you are being charged higher fees or payments that
those in the contract, or your finance company is not responding to
your hardship situation, seek help from a financial counsellor -
Internet, Mobile phones, Gym memberships etc
Sounds good when you sign up but means you are committed for the
period of the contract. If you cancel, you are generally left with
With phone contracts make sure you stick to your cap.
With debit arrangements make sure the money is in the bank on the
If you need HELP contact numbers for financial counselling
and legal advice can be found in our help