Debt Resources
Find helpful articles below
State Mercantile is here to help you.
Below you can find useful information and links to help you manage your debt.
Debt Help
State Mercantile will work with you to arrange payment in full or a suitable payment arrangment for your debts. As stated on the ASIC Money Smart Website:
If you are finding it hard to keep up with utility bills, credit cards or loan repayments, the first step is to talk to your credit or service provider and let them know you are experiencing financial hardship. Taking action straight away can stop a small problem from becoming a big one.
ASIC Money Smart Website, 2016
Contacting us now can help us work with you to reduce the burdens of your debt by organising settlements and payment arrangments.
Once you contact us with all of your relevant details, our highly trained collectors will look at your individual situation and tailor a suitable solution that will assist you to begin dealing with your overdue accounts.
Helpful Links
Please review our terms before accessing links to other websites.
Dealing with debt
If your debts are getting out of control or you are struggling to make ends meet, it's important to act quickly. Help is available.
Managing your money
Managing your money can pay off in more ways than one. Learn how to stay on top of your bills, start saving money and aim towards financial success.
Budget planner
Use a budget planner to work out where your money is going, calculate your expenses and start setting your financial goals.
Financial Counselling
Financial counselling is a free service offered by community organisations and some government agencies. Financial counsellors can help you solve your money problems.
Credit file
Utilising the services of Veda, your file is a tool credit providers use to help them ascertain your financial reliability.
Code of Practice
Download a copy of the Australian Collectors & Debt Buyers Association (ACDBA) code of practice.
Things to avoid
There are an increasing number of advertisements for companies that say they can help you solve your debt problems. You should be wary when using these services as they may not prioritise your problems first. They often provide greater financial benefit to the company offering them. Read more about this at the Financial Counselling Australia website.