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Australian Debt Reduction

Having helped over 30,000 Australians free themselves from debt, Australian Debt Reduction offers a wide range of debt services.

Australian Debt Reduction was founded in 2004 with its head office located in Sydney. They have debt consultants across the country to help you regardless of your location. They offer the following services:

Debt consolidation and personal loans
Mortgage refinance
Debt agreement
Bankruptcy prevention

The company's website has a simple and uncluttered layout. A toll free number is prominently displayed along with its timings which are 7am - 11pm Monday to Friday. Next to the toll free number the company asks for 10 minutes of the visitor's time to show how their debts can be reduced. A contact form is also available on all pages where the visitor can provide their details and have an Australian Debt Reduction consultant contact them. The company does not provide any other means of communications such as email or online chat.

The picture displayed as the banner on every page shows a woman holding her head in worry which is something a number of visitors would be able to relate to. However by repeating this image on every page Australian Debt Relief fails to inspire hope or optimism.

The services link provides additional details about the various ways in which Australian Debt Reductions can help fight debt. Each service offering is given its own page where benefits are listed. The content on each page is not longer than a couple of paragraphs and information listed does not provide too much additional value to the customers.

The benefits listed seem to be very generic such as reduced interest rates, reducing your debts and lower repayments. No information is provided as to the differentiators or value-added services that they provide. Along with this no specific information is provided about their processes or procedures. A page outlining debt consolidation is provided but the content is very generic and not specific to Australian Debt Relief. The company also does not share any information regarding the fees that they charge.

Visitors are provided with a few calculators on the website. The loan calculator allows you to see how much interest you are paying on a loan based on the principle amount, interest and duration, while the budget planner allows you to make a monthly budget based on total expenses for the year. While informative and useful both calculators seem to be quite basic and simplistic for any long term benefits.

A useful resource provided by Australian Debt Relief is the articles link located at the bottom of the page. It features a handful of articles which deal with debt reduction and debt avoidance. The articles relating to tips for smart credit card usage and debt reduction provide a number of simple and easy ways people can start to help themselves such as:

Creating monthly and weekly budgets and sticking to them
Using debit instead of credit cards
Asking your bank to reduce your credit limit
Paying above minimum payments to minimize extra interest

If you are contemplating using a debt services company to help your financial situation make sure that before deciding you thoroughly evaluate the company on your own. Analysis and reviews such as this are not meant to be a definitive word and are only to inform.

While a wide range of services and large customer base builds confidence in the company, the lack of customer testimonials and detailed information leaves a number of unanswered questions about Australian Debt Reduction.

For more information on Debt Consolidation companys, go to Debt Consolidation.

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