Debtfix had a press conference on the 23rd of March 2015 to talk about the positive assistance that this company provides to help every individual deal with their debts easily and live life to the fullest. The Director of press communication stated that the company has come out with some really groundbreaking ideas to help people through some of their personalised debt management systems.
When one of the reporters asked if anybody is eligible for such loans, the Director stated that all people are eligible provided they are above the age of 18, an Australian resident or citizen, should never have filed for bankruptcy before and should not have any gambling issues. If a person is clear in these areas, then the loan can be easily sanctioned.
When asked about how the company can afford to give personal loans to people with bad credits, the Director stated that the approval process would be a little more stringent and upon taking certain precautionary measures, the loan may be approved at the earliest.
At Debtfix, they seemed to care enough about their customers that the Director went into explaining how an individual must think before applying for a loan. He stated that it will be best if the applicants, before applying for the loan, check if the loan repayment will become a burden in the future.
While talking about the business of Debtfix, a very helpful concept called Debt Agreement was brought into the discussion. When asked what is debt agreement, The Director stated that it is the new answer to settle personal loans bad credit and bad debts without claiming for bankruptcy.
He further explained that Debt Agreement is a system through which an individual, with the help of Debtfix, can settle all unsecured debts and its charges immediately. Upon completing the Debt Agreement successfully, all debts are immediately settled with the applicant following the plan of action.
Apparently all creditors are legally bound to stop any proceedings that they might have undertaken once the individual asks for a Debt Agreement. Through this system, loan or credit card defaulters would have to declare all their debts, bring them under one umbrella, have them all paid up at a single point and then focus upon repaying only one institution with which the Debt Agreement was drawn up.
Apart from these services Debtfix has ventured into the financial market to help people with wealth management advice and consultation on how to get out of debt. The Director concluded by saying that they are now in the business to give something back to the society. They are giving back with free consultation on how to take care of your debts and then how to increase your wealth easily