What is the Revive THP?

The Revive Temporary Hardship Plan (Revive THP) is a short-term solution for people experiencing genuine financial hardship. It’s ideal if you’re:

Behind on bills or repayments

Being contacted by multiple creditors

Not ready or eligible for a long-term debt solution

Experiencing temporary challenges due to job loss, illness or cost-of-living pressures.

How it Works

1

Check Eligibility

Take a quick assessment online to see if you qualify.

2

Complete Your Application

Complete our application form in as little as 5 minutes through our secure portal. 

3

Lodge To Your Creditors

Pay our one-off $49 Application Fee and your Application will be lodged with your Creditors to vote over a 21-day period

4

Get Some Relief

If your Creditors accept, your Revive THP will commence, giving you space to get back on track.

Revive THP FAQs

How do you know if you are in financial hardship?

Recognising financial hardship involves assessing your financial situation against certain indicators.

Signs of financial hardship include:

  • Struggling to pay bills on time, such as rent, utilities, or credit card payments.
  • Over-reliance on credit cards for basic expenses without being able to pay off the balance.
  • Lack of emergency savings for unexpected expenses like medical emergencies or car repairs.
  • A high debt-to-income ratio, where a significant portion of income goes toward debt repayment.
  • Cutting back on essential expenses like food, healthcare, or heating.
  • Experiencing stress, anxiety, or depression due to constant financial worry.
  • Regularly borrowing money from friends, family, or payday lenders for everyday expenses.
  • Selling personal belongings to make ends meet.
  • Skipping medical treatments or prescriptions due to cost concerns.
  • Juggling payments and deciding which bills to pay each month.

What does "temporary" mean in Revive THP? How long is temporary?

Our Revive THP currently have a term of 3 months. More flexible terms will be available in the future.

What happens after the Revive THP is completed?

You must resume normal payments with your Creditors. Alternatively, you may wish to contact Revive to discuss alternative options, such as one of our Debt Management Solutions.

Do I still have to communicate with creditors (companies I owe money to) during the Revive THP?

In some cases, your creditors may wish to communicate with you. However, if you stick to your Revive THP there should be little need for them to contact you.

Will a Revive THP affect my credit score or credit report?

No, applying for a Revive THP won’t hurt your credit score. In some cases, your credit report might show an "A" for arrangement if your creditors agree to the plan. This mark stays on your report for 12 months, but it won’t count as bad payment history and can’t be used to automatically reject you for future loans.

Will entering into a Revive THP effect me in applying or being accepted for finance?

No. Unless one of the lenders is part of your Revive THP, they may require you to complete or terminate the arrangement before being considered for further credit.

Is there a maximum amount of debt that can be included in a Revive THP?

No. We support all Unsecured Debts with the Revive THP.

Is there a maximum number of creditors (debts) that can be included in a Revive THP?

No.

What type of creditors can be included in a Revive THP?

A Revive THP covers most unsecured debts such as:

  • Credit and store cards
  • Personal loans and Payday loans
  • Utility bills such as Gas, Electricity, Phone and Internet
  • Buy Now Pay Later debts

Typically the following debts are not included:

  • Secured loans such as Mortgages, Car Loans and Equipment finance
  • ATO and Centrelink debts
  • Fines and legal liabilities
  • Child support debts
  • Rates, Body Corporate and Insurance debts
  • Overseas debts

 

What happens if I default (don't keep up with my payments) during a Revive THP?

If you fail to make your payment your Revive THP will be terminated and your debts will revert back to their prior state.

Take the quick assessment now to see if you qualify

Personalised Help With Debt

$49 flat fee

One low price for full access and creditor engagement

One form for all creditors

No need to repeat your hardship story or complete multiple applications

Fully confidential and compliant

Revive Financial is a fully licensed provider, helping Australians for over 20 years take back financial control

Over half a billion in personal unsecured debt negotiated on behalf of everyday Australians

Here are the reviews of everyday Australians who have been able to take back control from Revive Financial

Taneka

Communication was great. Friendly service. Assisted and straight to the point.

James

Hassle free and simple. Great support and positive assistance. I found it a great and positive experience.

Elissa

Amazing service. Couldn’t be more thankful for helping me getting back in control of my debts.

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Don't wait until it's too late.

The earlier you act, the more options you have.
The Revive THP can give you space to breathe - before things get worse.