This general information does not replace an assessment of your circumstances or legal advice.
The vehicle remains financed
Debt review does not transfer ownership or cancel the finance agreement. Maintaining the agreed payment and required insurance remains important.
Affordability must be realistic
Transport can be essential, but the full cost includes fuel, maintenance, licensing and insurance. These costs belong in an honest household budget.
Act early if circumstances change
Contact your debt counsellor promptly if income drops or vehicle costs rise. Delayed communication can reduce the available options.
What to do next
If debt repayments no longer fit after reasonable household expenses, gather accurate statements and request a confidential assessment. Asking for information does not automatically place you under debt review.
Get Your Free Debt Assessment →