In her article this month VICTORIA COSTER, the CEO of Credit FIX Solutions and Credit FIX Lawyers shares how you can turn around your bad spending habits.  

Overspending is a serious issue at Christmas and many people start the New Year with huge amounts of debt.

The good news is that the first step in getting your finances in order is to acknowledge that you have a spending problem.

Debt consolidation and debt management can literally save your life, especially in the unpredictable times we are facing, where job security has been affected by COVID-19 and the future is uncertain.

It really isn’t rocket science, but you MUST be proactive about debt.

With the right people around you, you will reach your goals and be able to make the right decisions regarding your debt, your family and your future.

While discussing our debts and managing them is something that people like to keep private, it’s really one of the most important parts of our adult lives.

If you can’t get ahead of your financial affairs quickly and efficiently you can never really get ahead of the rat race or achieve goals that we set in front of ourselves.

A New Year is such a great time to acknowledge that you have a problem and seek help.

If you have no idea about debt, or how to manage it, we strongly suggest going and see an advisor or free counselling service.

Worried about your accounts, seek professional help from an accountant. Concerned about your financial future, speak to a financial planner. Want to buy an investment property and don’t know where to start. Get a great mortgage broker.

If you seek independent advice from your accountants, your financial planners and your finance brokers, you could make sure that you and your loved ones sleep peacefully not only in 2021 but for years to come.

If you really have found yourself in trouble after a huge Christmas spending spree and you don’t have money for advisors, go to ASIC’s website where they offer free financial counselling services.

There are also some quick and easy things that you can do straight away:

  1. Make sure you pay your bills on time, including credit cards and mortgages.
  2. If you start to fall behind, pick up the phone and call your credit provider.
  3. Ask for an extension and financial assistance, this is something that is required by law for consumer related debts.

Repayment History Information or RHI (24-month repayment history information) is now being recorded on our credit reports, so any missed payments can impact your credit score.

That’s why it’s so important to acknowledge you have a problem and reach out for help as quickly as you can.

At Credit Fix Solutions, we offer no result no fee credit repair that guarantees the best investigation possible into the listings on your credit report and you can be confident that with our experience, knowledge and business awards under our belt that you are in safe hands.


We offer free and honest consultations on your credit report if you need to ask any questions and can help you with financial assistance agreements.


Should you have any credit reporting questions you can send Victoria and email. To find out more about credit reporting visit Credit Fix Solutions or call her office on 1300 43 65 69. 

Disclaimer – This article is for information purposes only and is not financial product or investment advice or a recommendation to use Credit Fix Solutions and has been prepared without considering the objectives, financial situation or needs of individuals. Before making an investment decision, a prospective investor should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek legal and taxation advice appropriate to their jurisdiction. Credit Fix Solutions is not licensed to provide financial product advice or legal advice to you, your affiliates, or your clients.

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Credit Rating Attention Shoppers: Make debt management your New Year’s resolution