What is the hardship program?

Hardship programs. In general terms, you are considered to be in financial hardship if you want to pay your bills but have insufficient money to do so. Other service providers, like insurance and phone companies, may provide their customers with financial hardship arrangements for bill and debt payment.

How do I apply for a hardship mortgage?

Apply for a hardship variationContact your lender’s ‘hardship officer’.Give the details of your loan (account name and number, and the amount you pay each fortnight or month).Say that you want to change your loan repayments because you are experiencing hardship.

Who qualifies for debt relief?

Debts That Qualify Are:Major Credit Cards (Visa, MasterCard, Discover Card, American Express, etc)Department Store Cards Including Furniture (Sears, Macy’s, Gap, Paypal Store Cards)Gas Cards.Bank Loans from Prior Banks.Installment Loans.Finance Companies.Unsecured Personal Loans (American General, CitiFinancial)