Australian Banking Association Launches Campaign Urging Australians to Seek Support in Financial Hardship

Australian Banking Association Launches Campaign Urging Australians to Seek Support in Financial Hardship

The Australian Banking Association (ABA) has launched a new campaign encouraging Australians to seek support if they are experiencing financial hardship. The campaign, called "Don't struggle alone," aims to raise awareness of the support available to people who are struggling to make ends meet.

The ABA's campaign comes at a time when many Australians are facing financial hardship due to the COVID-19 pandemic. The pandemic has caused job losses, reduced incomes, and increased expenses for many people. As a result, many Australians are struggling to pay their bills, mortgages, and other financial obligations.

The ABA's campaign aims to encourage people who are struggling financially to seek support from their bank or other financial institution. Banks and other financial institutions can offer a range of support measures, such as loan repayment deferrals, reduced interest rates, and financial counseling.

The ABA's campaign also aims to raise awareness of the support available from government agencies and community organizations. Government agencies and community organizations can offer a range of financial assistance programs, such as emergency relief payments, food assistance, and housing assistance.

If you are experiencing financial hardship, it is important to seek support. Don't struggle alone. There is help available.

To learn more about the support available to people who are experiencing financial hardship, visit the ABA's website at: https://www.bankers.asn.au/home

You can also call the National Debt Helpline on 1800 007 007.

If you are experiencing financial hardship, it is important to seek support. Don't struggle alone. There is help available.

To learn more about how Fundingo's loan management or origination or servicing software or systems can help you automate your lending process and improve your bottom line, schedule a demo by calling toll-free at (877) 227-7271 or by visiting https://www.fundingo.com/contact-us/

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