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How Our Customers Reduce Their Debt

With one of our Debt Management Solutions (DMS), you may be able to become debt free in just 3 years. We simplify and consolidate your debts in to one easy-to-manage repayment over a set period so you can get on with life and remove the stress of accumulating debt.

Example Unsecured Debts

Debt: $20,000

Creditors: 3

WAS PAYING:

$520

per month

NOW PAYING:

$150

per month

Total amount of debt reduced:

$11,000

Total Percentage of Debt Reduced

55%

In this example, the DMS client was able to get 55% of their debts written off by creditors, a total of $11,000 at the end of their DMS.

Customers creditors will need to agree to the proposal and regular payments will be based on individual circumstances. Customers credit rating will be affected during this period and fees are included within the DMS, but not charged additionally, and are subject to individual circumstances.

Take Back Control in 3 Easy Steps

1

Submit Application

Submit an application for your personalised debt relief solution to stabilise your position, stop the harassing calls and letters, and begin your journey towards financial freedom.

2

Implement Solution

Your personal customer success specialist will manage your creditor negotiations & relationships to deliver a positive solution tailored to your circumstances.

3

Take Back Control

Enjoy one easy-to-manage solution to clear your unmanageable debts and start building a positive financial future today.

Debt Consolidation Calculator

Use our Debt Consolidation Calculator to help work out how you could combine your unsecured debts into one easy-to-manage, affordable payment. Reduce the stress of debt and take back control of your financial future today!

Debt Type
Debt Amount
Interest
Repayment Amount
Repayment Frequency
$
%
$
$
%
$
$
%
$
Maximum Debt Limit (Max. 20)

New Repayment Term: 3 Years

New Repayment Frequency

Your Results

Current Repayment

$0 per Month

Debt Consolidation Loan **

Based on an interest rate of 10% p.a.
3 year term
$0 per Month

Debt Management Solution *

3 year term
$0 per Month
* Subject to eligibility and can be extended to a 5 or 7 year term dependent on individual circumstances. ** Subject to eligibility and a customer’s financial circumstances.

On average our customers save 55% of their debts with our Debt Management Solution.
See if you’re eligible now without impacting your credit score!

Our Customers Love Us

You're In Safe Hands

Industry Leaders

Our dedicated team have been trusted by over 10,000 Australians to help take back control of their financial futures. It's what we do best so you can rest assured.

Financial Professionals

Revive Financial is proudly Australian owned and lead by a team of Chartered Accountants. Our qualified team have been helping Australians become debt free since 2005.

Judgement-Free

At Revive Financial, we care about the stress and impact being in debt has on your wellbeing. We want to help you take back your control, no judgement, just a helping hand.

Frequently Asked Questions

What is a Debt Management Solution?

A Debt Management Solution (DMS) is a  flexible arrangement designed to help you pay off your debt. They can offer an alternative to bankruptcy by pausing interest and protecting your assets, ultimately reducing your overall debt amounts and the associated pressure.

Our Debt Management Solutions are best suited for those who can’t afford to pay their debts. While it reduces your monthly debt payments, you still need to make budget-realistic payments each month over a fixed period until your debts are cleared. Our team can help you decide which Debt Management Solution is right for you.

 Debt Management Solutions are offered Australia-wide. No matter where you are, if you’re struggling we can help reduce your debts and get your finances back on track.

How does it work?

After engaging Revive, one of our experienced Customer Success Specialists will be assigned to collect information for your application. The information collected will help your Customer Success Specialist understand your financial circumstances and create a tailored solution for your individual situation.

In order to qualify for one of our DMS, all you have to do is be experiencing financial hardship. In other words, you just need to be struggling to meet your creditor repayments as they fall due. There are no restrictions on the amount of debt you owe, value in assets you have or income you earn. These factors only play a role in the type of DMS recommended for your situation as a DMS can be tailored for anyone struggling with debt.

How long will my Debt Management Solution take to complete?

This depends on your level of debt, your budget and your Creditors. Our DMS terms are 3 to 5 years in most cases.

Negotiations with each Creditor can vary depending on the amount of debt, type of product and previous account behaviour. This may effect the length of the DMS we can achieve for you.

Can I pay more if my situation improves or pay out my Creditors early?

Yes, if your financial circumstances improve, you are able to increase your DMS repayments at any time.

We can then use these extra funds to either pay your Creditors more each month, or preferably build these funds up in a Trust Account and then offer your Creditors a lump sum to settle the account for a reduced amount. You will not be penalised for paying out your accounts earlier.