Now is not the time to go out and hike up further credit simply because you only have an instalment payment to make – your circumstances may yet change again. Now is the time for frugality, a change in life style and adherence to the budget.
A debt agreement is not a joke. It is a [...]

The national rejection rate currently stands at 17% of lodgments. Some administrators have an acceptance rate well over 90%. Rejection may depend upon a number of factors:
The creditor is of the opinion that you could make a higher offer of settlement.
Information supplied does not tally with information given at the time of granting credit.
The loan [...]