ERROL was 24 when his Grandfather became ill and he had to fly to Britain.

“I couldn’t get more than four weeks’ leave and I ended up being there for a year. There was no one to look after him and I was trying to help out,” said Errol.

Unable to obtain employment without a work visa, Errol began drawing cash on the five credit cards he had, just to make ends meet. By the time he returned to Australia this year and got a new job with Telstra, his debt had ballooned to $62,000.

Errol said he knew he was responsible for letting things spiral out of control but said the credit companies have to take some of the blame too.

“It’s too easy,” he said.

“They would pre-fill the cards for you. I’ve had at least three cards since I was 17 or 18.”

Errol said that when he got back from Britain, he tried to negotiate a repayment deal with his creditors but their demands were obscene and his whole salary would have gone to them.

After going though his options and realising that a debt agreement was the right avenue for him, he went through the process with Debt Cutter and worked through the budget process with the consultant. They worked out that he could reasonably afford to pay $270 a week from his $780 wages after his other living commitments were realised and is now paying that over his payment term to work away his debts.

“It’s good to get rid of the headaches. It’s been a learning curve.”