Struggling with bills and debt? Be careful where you go for help.
Some services, such as financial counselling, are free and independent, while other services targeting those in financial strife so-called “debt relief” firms can be predatory and harmful.
Here’s what to know about who can offer free and independent advice, and which services to avoid.
What is a financial counsellor?
Financial counsellors are “qualified professionals who provide information, advice and advocacy to people in financial difficulty,” such as those struggling with bills and debt, says Fiona Guthrie AM, CEO of national not-for-profit Financial Counselling Australia.
They’re generally available through community-based non-government organisations funded by the …
Read the full article at: https://www.abc.net.au/everyday/independent-financial-help-counsellor-might-be-whats-needed/102885872