Hints to help you break the debt cycle

Case study #1


Jamila needed a fridge and decided to rent one for $25 per week. At the end of the 2 year lease Jamila didn’t own the fridge and it was taken back by the company.  Jamila saw a financial counsellor who showed her there were hidden fees and interest that had taken the total cost up to $1729 to rent the fridge and that Jamila could have gotten a NILS loan and the fridge could have been paid off at $30 per fortnight through her Centrepay in less than year and she would have owned it outright. The total cost would have only been $689.

Don't get caught in the debt trap.

Contact YFS - Done With Debt:

Phone: (07) 3826 1500

Email: donewithdebt@yfs.org.au



Case study #1   #2   #3   #4   #5   #6



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