Credit Card Crunch? Break the Cycle | Australia News

Credit card debt is crushing more Aussies than ever, with rising costs and revolving balances turning plastic into a financial trap. But there’s hope: start by budgeting honestly, cut back on non-essentials, and explore options like balance transfers, personal loans, or consolidation — but always check the fees. If you’re drowning, credit card companies must work with you — even if you’re not officially in hardship. And if all else fails, physically cutting up your card or lowering your limit can break the cycle. Free counselors and the AFCA are also there to help. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/60eeb7692b16b68d