knowmore financial counselling
You can call knowmore for redress financial counselling on 1800 605 762.
Redress payments may impact your ‘financial health’
Redress payments from the National Redress Scheme are treated differently to other government payments. It is important to understand how the redress payment may affect your financial circumstances, including if you receive a Centrelink payment or have any debts. knowmore’s redress financial counsellors can help you with this.
If you are thinking of applying for, have received or expect to receive a payment from the National Redress Scheme, the redress financial counsellors can work with you to:
- review your financial situation
- provide information on your options for any financial difficulties or unmanageable debts that you may have
- advise you about the effect the lump sum payment will have, including any impact on Centrelink benefits or Aged Care fees
- discuss ideas on how to protect and manage the money if you are having difficulty paying bills, debts or fines the redress financial counsellors can advise you about your rights and options. If necessary, they can speak with lenders or creditors on your behalf.
It is best to seek assistance for information, advice or support before the payment is received, so you can get the most out of your redress payment.
Learn more on knowmore’s financial counselling webpage(Opens in a new tab/window)
