I'm struggling to repay my loan. What can I do in Australia?

General information from Lawmateanz

Contact your lender early and ask for hardship assistance. Under the National Credit Code, you can request a hardship variation if you can't meet repayments.

The lender may extend the term, reduce repayments or pause them.

The National Debt Helpline (1800 007 007) offers free financial counselling.

If the lender refuses unreasonably, you can complain to AFCA.

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General information only. Answers are written by independent lawyers based only on what's in the question. They aren't legal advice about your situation and don't create a lawyer–client relationship. For advice about your own matter, talk to a lawyer directly.