Frequently Asked Questions
We understand each person and situation is unique. We will always try to help provide a tailored solution to suit your individual needs. This might be for a short, medium or long period of time depending on your circumstances.
If this is the case, please contact the Assist team who will re-assess your situation and may recommend you seek financial advise through a free service
Once you have submitted your financial hardship application, we will send you a confirmation email with your application ID. A decision on your application will be provided to you within 21 days. If we need to discuss your application, we will aim to contact you within 5 business days.
Solutions are assessed on a case by case basis and you may need to provide some further information such as Centrelink documents, medical information, employment status, proof of income, liabilities and expenditure. If required our Consultants will discuss these requirements with you.
Assistance could include flexible payment arrangements or variations to your loan repayments. We are committed to working with you to provide a solution that will better your financial position.
A financial hardship arrangement may help improve your repayment information on your credit report, if you meet your revised repayments under your hardship arrangement.
No, there will be no collections activity during any approved assistance period when you comply with the terms of your arrangement.
Yes, we’re happy to talk to a relative, friend or financial counselling organisation about your accounts. We’ll just need your authorisation first to maintain your privacy
We will advise you in writing of the reason. You may wish to seek further financial advice from a financial counsellor or other third party, about the options available to you.
If you are not satisfied with our response or handling of your complaint, you may be able to lodge your complaint with the free, independent external dispute resolution scheme, the Australian Financial Complaints Authority (AFCA).
The contact details for AFCA are set out below.
- Australian Financial Complaints Authority:
Online: www.afca.org.au
Email: info@afca.org.au
Phone: 1800 931 678 (freecall)
Mail: Australian Financial Complaints Authority GPO Box 3 Melbourne VIC 3001
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