THE LENDING COMPANY IS THREATENING TO JUST TAKE ME TO COURT

You need to act urgently if you have received a default notice and/or the lender is threatening legal proceedings. You ought to straight away:

  1. Forward a page towards the lender requesting a variation of the agreement due to hard­ship (for those who have perhaps perhaps maybe not sent one). The lender and ask for a variation on the grounds of financial hardship if this is not possible ring.
  2. Lodge an application in writing or online in EDR, scheme, which will be administered by the Australian Financial Complaints Authority (AFCA). Its contact information are:
  • Ph: 1800 931 678
  • E-mail: info@afca.org.au
  • Internet: afca.org.au

ESSENTIAL: The lender cannot commence court procedures against you once you’ve lodged a written dispute with AFCA before the dispute is set (or AFCA considers it cannot think about your dispute).