Quick Links About Debt Solutions And Debt Relief
Get Fast Debt Help Wherever You Are In Australia
Capital Debt Solutions’ experience, personal attention and caring for every client is recognised throughout the industry:
- 100% flawless record of NO legal complaints
- One of THE HIGHEST acceptance success rates in Australia
- The failure rate of debt agreements is one of THE LOWEST in Australia
- Capital Debt Solutions lobbies your creditors BEFORE we submit on your behalf to ensure your best chances of success
- Capital Debt Solutions is a credit licence holder under the Australian regulatory body. It is important that you work with a credit licence holder avoid “scam” companies – see more about this here: Scam Debt Solution and Finance Companies.
- Australian Credit Licence No.394969
- ABN: 14 135 236 618
Please bear in mind that a reputable credit licence holder is uniquely positioned to obtain a better deal than you as a consumer could obtain personally, particularly when you have debts.
Be mindful that many credit licence holders will only deal with a panel of lenders who have agreed to pay the broker a commission.These credit licence holders will often only arrange loans with a limited number of lenders.”
Here at Capital Debt Solutions we believe it is VITAL that you have access to all the solutions available.
Here are some more important facts about debt:
Credit card debt. Credit card debt is now sitting at around $35 billion dollars in Australia, which is an interest bill of over $6 billion each year.
This represents more than $4680 of credit card debt per card holder in Australia, with younger Australians getting into the trap of spending too much and not being able to pay it off each month.
Visa business credit cards are the most popular among Australian businesses, with 27% of microbusinesses and 32% of small, medium and large businesses using one.
American Express business credit cards are the least popular among Australian businesses, with 9% of microbusinesses and 19% of small, medium and large businesses using one.
Two million Australians in danger of recording a poor credit rating with Queenslanders the worst.
*Source: Analysis conducted by credit agency Veda as reported in Daily Mail.
Reports reveal that 13% of the estimated 16 million Australians who use credit are at risk, with nearly 600,000 being considered facing ‘high risk’ of defaulting.
*Source: Analysis conducted by credit agency Veda as reported in the Daily Mail.
Poverty Level. It is estimated that 430,000 (12.5 per cent) Queenslanders are living below the poverty line says the annual Anti-Poverty Statement released today by the Queensland Council of Social Service.
Student Loan debt. University students owe the Commonwealth a record amount of money, with a new report estimating more than $6 billion worth of student loans are never expected to be repaid.
More and more Australians are formalising their debts through bankruptcy, debt agreements and personal insolvency agreements.
Nationally, the total number of bankruptcies, debt agreements and personal insolvency agreements for the September quarter 2014 was 7,466.
**(All information correct at time of publication in March 2015 according to online sources.)
Your Debt Solutions specialist at Capital Debt Solutions will find the best solution and work with you and your creditors to get you back on track with debt relief to rebuild your financial future.
Trusted and recommended by Australians for Australians.