How Tom reduced his monthly repayments by $650 to manage cost of living pressures
Tom’s story
Despite working full-time in sales, rising cost-of-living pressures and unexpected expenses left Tom overcommitted on credit. Juggling four payday loans totalling $5,500, his $850 monthly repayments became entirely unmanageable. After an initial hardship period, Tom still required assistance to get back on track. We successfully negotiated an extended Temporary Hardship Plan (THP) with his creditors, drastically reducing his monthly obligations to just $200 for three months to provide vital short-term financial relief.
Age
50 years
Employment status
Full-time employed
Location
Victoria
Household type
Single
Employment
Sales
The challenge
Despite working full-time in sales, the rising cost of living and unexpected expenses left Tom trapped in an unmanageable cycle of short-term debt.
The solution
Comprehensive financial assessment
Creditor negotiation
Tailored short-term relief
Complete transparency
The result
Tom successfully entered his second Revive Temporary Hardship Plan, experiencing an immediate reduction in financial stress. All four creditors approved the heavily reduced payment plan, giving him three months of short-term relief to manage the rising cost of living and regain control of his budget.
Pausing high-interest payday loans
Losing his job left Nick, a single father, overwhelmed by $10,000 across eight debts – mostly high-interest payday loans – with $3,000 in monthly repayments he could no longer afford. With no assets and relying on Centrelink, traditional debt solutions weren’t the right fit. We secured a Temporary Hardship Pause, giving him a 3-month break from all repayments so he could focus on getting back into work.
Securing urgent hardship relief
Facing homelessness with two young children, Amy was stretched beyond her means on a part-time income supplemented by Centrelink. With a secured Swoosh loan and Afterpay debt totalling $4,000, she was paying $550 a month – money she simply didn’t have. We secured hardship approval from Swoosh, who don’t typically offer relief on secured debts, giving Amy the breathing room she needed to focus on finding a home for her family.
How Nick paused $3,000 in monthly repayments to focus on finding employment
How Amy secured hardship relief on her debts while navigating homelessness
How Mark reduced his debt by $17,000 and protected his family home
What our customers are saying
Very helpful consolidating my bills into one. Very happy with the final outcome of being debt free. They helped me make repayments more affordable.
Very happy with my outcome Nick was very helpful taking me step-by-step which made it very easy thank you Nick for helping me
Very understandable when it comes situations, very easy and fast
Verry great would recommend
The staff at at Revive Financial were amazing and helped me through a very tough time. At any time where I needed information or just checking how everything was going, they were always so nice and understanding. My debt has been finalised and it feels great, the whole procedure was so easy and they took care of everything for me and I’m so grateful🙂
Highly recommend if you find yourself in a financial rut. Shanel is super at her job and everything was completed promptly 10/10
First rate
Mason has been so incredibly helpful and knowledgeable on getting me the best financial experience possible. She’s helped relieve majority of my financial stress during this hard medical time in my life. Thanks Mason ☺️
I found it a pleasure to get my financial struggles sorted the team who took the time to help me where very helpful and kind thanks revive financial.
Michelle Szabo has been amazing. She took control of everything for me and finally I can sleep at night knowing I have a commited plan in place.
Absolutely top tier, I even wrote them off as a another fraud company, they went above and beyond to prove me wrong and I’m super stoked that they did and Ben my contact throughout the entire process was just an absolute legend. I couldn’t thank them enough.
Annika was so great to deal with! Very professional and very helpful! Would recommend her 100%
Best decision I've ever made. I am finally debt free!! Thankyou for your ongoing support, I genuinely couldn't have done it without you. If you're looking for a sign, this is it.
When life become financially unfriendly ,it’s killing me mentally ,effecting my performance as professional and as person ,I decide to give myself free from this nasty creditor phone calls ,chasing me everyday with they nasty legal threats ,in the end of the day ,my mental wellbeing must come first , and worth more then any money in this world ! That’s why I take this consequences in order to give my self better success as soon as clear my self from this toxid debt collectors .
Amazing how simple the process was made Thank you Mason for taking the financial pressure of me
Amazing customer service! A special thank you to Annette for being so patient, understanding and supportive throughout the whole process. She took the time to answer all of my questions, explain everything clearly and made me feel comfortable every step of the way. I truly appreciate all of her help and support. Highly recommend! ❤️
From start to finish was very easy and straight forward. I appreciated all the help and would recommend your first port of call to revive financial for their help and guidance. Thank you all at Revive. Richard
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