Financial Hardship Explained: What to Do If You Can’t Afford Your Mortgage

If you’re struggling to keep up with repayments, you’re not alone! The worst thing you can do is ignore it. FINANCIAL HARDSHIP HOTLINES NAB – 1800 701 599 ANZ – 1800 351 548 Commonwealth Bank – 13 30 95 Suncorp – 1800 225 223 Macquarie – 02 8550 5686 Westpac – 1800 067 497 ING – 1300 349 166 In this video, we explain what financial hardship actually means, how banks assess hardship requests, and the steps you should take before you fall behind. Many Australians don’t realise that lenders are required to offer hardship support, but timing, communication and structure matter. This video walks you through what to do, who to contact, and how to protect your credit file if you’re experiencing financial stress. If you’ve searched “financial hardship help Australia”, “can’t afford my mortgage”, “bank hardship assistance”, or “what happens if I miss repayments”, this video is for you. This is clear, practical guidance to help you regain control and move forward. For more information visit https://www.madd.com.au/ DISCLAIMER: These videos are NOT personal advice; these are general information videos and should not be taken as advice for your personal situation. If you want personal advice, you should speak to a qualified financial planner about your personal situation. For home loan enquiries: https://www.madd.com.au/contact/ For financial planning enquiries: https://www.madd.com.au/madd-life-con... Get in touch with George here: https://www.georgesamios.com/ Madd Loans Brisbane Mortgage Broker 12 The Corso, Seven Hills, QLD 4170 07 3899 0009 save@madd.com.au Not all Mortgage Brokers and Financial Planners are the same. At Madd, we focus on the journey not just the destination, giving our customers a Madd experience every time. We stand out as one of Australia’s leading mortgage brokerages because we prioritise educating and mentoring our clients on effective strategies to reach their version of financial freedom. Navigating home loans whether you are investing, buying your first home or refinancing, can be daunting. Skip the stress and complexity of dealing directly with lenders by partnering with a Madd Mortgage Broker.