Australian Lending Centre Review: Are They Worth It?

We recently decided to investigate the company ‘Australian Lending Centre’ as a few of our followers reached out and wanted our opinion.

Here at The Debt-Free Community, we’re totally for getting out of debts. Some say we’re total advocates. We would agree with this!

When we come across a company whose mission is similar, then we’re going to commend them. At the same time, we need to be unbias and research further to see if they are in fact the real deal or not.

We had an interesting experience with Australian Lending Centre and decided to create this review. Did they follow through?

Well, time to find out.

Australian Lending Centre

Debt consolidation loans are often a great starting point if you’re committed to living a debt-free lifestyle. They can reduce your monthly repayment amounts and with that additional cash flow, you can knock down the debt faster.

That’s one of the main products on offer from Australian Lending Centre. From our research, it seems that they have been doing this a long time:

They started in 2005 so that’s clearly some great history right there!

We always check first to see how long these companies have been operating. If they just started yesterday, then we’re always hesitant and concerned on potential outcomes (if any) for people just like you.

In other words, we’ve got your back during this entire process.

We used some professional software to check how their website is doing:

That’s approximately 10,000 people per month on their website. Impressive!

Clearly no credit check loans and bad credit loans are something that is popular for Australians.

After all, we’ve got some of the highest personal debt in the world now!

If the average person earns $80,000 net, they are spending $169,600 per year.

OECD Data Australia, retrieved 2015

That’s crazy! Instead of taking out additional debt, we always recommend consolidation instead or even negotiating with debt collectors.

Anyway, back to Australian Lending Centre. When we checked online reviews, some people were unhappy with their services. Unfortunately, it’s very difficult to make everyone happy.

Most people who do have good experiences don’t come back to leave reviews about Australian Lending Centre or anyone else. However, if someone simply doesn’t qualify, you can expect an influx of 1-star feedback by people who just want a warm fuzzy feeling on the inside.

One thing is for sure: You won’t know for sure unless you try them out yourself. So that’s exactly what we did!

Our own experiences

The team here at The Debt-Free Community decided to have an experience. We wanted to see how this company would respond.

Rebecca would get on the phone and tell them she made a full-time income but had racked up $30,000 in credit card debt and didn’t know what to do. To make matters worse, she already had debt collectors harassing her at work. She wanted this resolved and also to have black marks on her credit history removed.

HECS-HELP when you die

Quite a job for any of these debt consolidation and repair companies, but we wanted to put them to the test! How would Australian Lending Centre cope with the pressure?

Well, the 1st phone call went well. After about an hour over the phone where Rebecca threw them dozens of questions, we were pretty confident that they knew what they were doing.

After that, we were sent an information pack and were called back the next day. It was clear that they were trying their best to help Rebecca through this challenging time.

In short, it took almost 6 weeks to finalize everything and it was successful. There was nothing to pay out of pocket for the debt consolidation (I think they get paid by the bank for the new loan) but there was a nominal amount to help get the black mark off the credit history. It was an unpaid Optus bill from 22 months ago.

We were impressed with their friendliness and knowledge. The time it took could’ve been faster, but at the same time, the amount of documentation that Rebecca needed to supply was extensive. Gathering all this information simply took so much time.

Why we like Australian Lending Centre

We’re totally against payday loans here at The Debt-Free Community. Sure – we advocate that you should move towards a zero-debt lifestyle, but that isn’t instantly accessible for most people.

The good news is that this company doesn’t do any of these ridiculous payday loans. We want you moving in the right path and whenever we see a company offering these rubbish financial products, we highly discourage individuals.

Not only that, but they have been around for years. It’s clear that they want to continue helping people during challenging times.

They’re pretty much on the same mission as us. We see them as team players, though we’re not associated with them at all. We’ve written this review with an unbias standpoint and you are welcome to get in touch with us to learn more.

In summary

Do we recommend the Australian Lending Centre? Well, that depends on what is important for you and your family.

If you’re looking to get fully out of debt (and you should!) then using this company is something we would definitely recommend. You need to start the journey somewhere and this could be the perfect place.

In other words, they are certainly worth it if you’re committed! They followed through for Rebecca.

On the other hand, some people are perfectly comfortable with doing nothing. It’s sad really when you see them up to their eyeballs in debt.

We always recommend a fresh start in life and based on our experiences, this could be the right company for you. They get our tick of approval!

Capital Debt Solutions: Are These Debt Negotiators Any Good?

We had an experience with Capital Debt Solutions and decided to create this unbias review. Were they worth it? Read and find out more.

Our intentions were simple: We wanted to see if they are the real deal.

After all, the reviews online for Capital Debt Solutions were minimal.

There are numerous companies in Australia promising the world but delivering so little. Some of them even send you backwards, such as those notorious payday lenders.

When we see a company striving to help people genuinely through sustainable solutions, we praise them. But then we took a step back to actually see who they are and what they offer.

We recently took a close look at this debt consolidation company and here are our experiences.

Capital Debt Solutions Review

Upon landing on their website, we were a little confused. Did we just get transported to 1998? Their website looks quite old and outdated.

See – we’ve investigated a lot of these companies here in the past. The Debt-Free Community helps everyday Australians on their journey of the financial traps that swallow so many hard-working people. Often debt consolidation and credit repairs are great options, but we need to validate the companies behind them.

We were certainly confused a bit on the Capital Debt Solutions website. We found their ABN is 14 135 236 618 so we looked up ASIC records:

Capital Debt Solutions Review

That’s a tick of approval in our books. Any company that is 10+ years is pretty legitimate, so Capital Debt Solutions checks out as genuine.

We still couldn’t get past the rather bland website, so we decided to dig a little further. It seems they have a YouTube channel:

The video thumbnail still looks quite dated lol, but it is from 2015.

What’s evident is that this company just hasn’t really updated their website and instead focused on delivering results for clients.

They did advertise previously on a bus:

Capital Debt Solutions AUS

We thought that was cool so we decided to proceed for ourselves.

Our experience

We decided to give them a call on (07) 5474 4450 to pound them with questions. We mean literally – we pretended that we had 2 scenarios: We wanted to consolidate debt but also wanted to improve our credit rating.

On the phone, they were very understanding and clearly experienced in answering questions. We’ve been in contact with other companies like this in Queensland which weren’t so helpful, and instead just pushed us to sign up.

Capital Debt Solutions Queensland

In all, we spent 45 minutes on the phone going through everything. That was the initial phone call. After that, the process was drawn out to 4 weeks but that was our fault mostly. We learned that you need to be organized with paperwork and documentation as they literally ask for everything – income statements, forms of ID, assets, liabilities and all that.

All these companies ask for this information actually. You won’t find anyone that just asks for a little and makes it easy for you. If you’re trying to hide something like a default in the past, then they will find it anyway.

In the end, we were successful with both applications running co-currently. They did say that this isn’t the norm and you should tackle one thing at a time. Here at The Debt-Free Community, we recommend that approach too.

What we liked

Firstly, they’re based on the Sunshine Coast. If you’re needing a debt consolidation service on the Sunshine Coast, then you’ve definitely found one of the best.

They do serve Australia wide so if you’re based elsewhere then they let you upload documents into an online drive. It’s quite an easy process actually.

Likewise, if you’re based locally then you can drop into their Noosaville office. Over the phone, the 2 staff members we talked to were friendly so we can imagine they’re the same in person.

Living debt-free in Australia

At the end of the day, we really liked that we got results. We were optimistic but were only 70% confident that they would be successful with both. Debt consolidation was the easy one but removing a black mark wouldn’t have been so easy.

Another thing we like is that, despite their outdated website, they do provide a lot of information on there. Video testimonials of real customers are on there which is unlike other websites.

In summary

So the question remains: Are they any good?

Well, it depends on your outcome. If you want to remain in hot water, then don’t use ’em. We’re always surprised to see people sticking with a heavy debt load.

On the other hand, if you’re committed to follow through and get a resolution, then yes – our experiences show that they do their job well.

Debt consolidation is often a great starting point on the journey towards a debt-free lifestyle. Is it easy? No. Nothing worth having comes easy, but the freedom of having zero debt shouldn’t be understated here.

We’ve found Capital Debt Solutions as one of the few companies actually delivering genuine results. The type of results that can help the community to really get out of debt.

Now, if only they could update their website and make it nicer… πŸ˜…

Life After Debt: Are They Any Good?

We’re constantly looking at debt reduction service providers like Life After Debt in Australia to check if they’re worth it for everyday individuals.

You know what? We’re totally against companies that only serve themselves. Payday lenders are notorious for this actually.

When we see a company that’s genuinely trying to help people, our heart warms. Then again, we want to put our critical cap on to validate if they’re any good.

Let’s have a good look at Life After Debt for the typical person who’s struggling right now.

Life After Debt

One of our readers was curious about our thoughts on this company, so over the course of several weeks, we did some investigative work.

This included several phone calls to Life After Debt plus analyzing their website and company history. They’re based in Perth so visiting them just wasn’t possible, though we have visited other debt consolidation companies previously.

Our findings are that:

  • These guys have been in operation for several years

This is important as we don’t want a fly-by-night operation. A company that has been serving people going through challenging times over the course of some time is exactly what you need. We checked their company history with ASIC:

Definitely legitimate and have been serving Australians for a long time.

However, they have an interesting history:

They have changed names a few times now it seems. Not really case for concern.

  • They have plenty of information on their website

You’ll be able to find plenty of information actually. We like the layout and organization of their website. Not only that, but we checked the history of their website:

life after debt australia website

Our verdict? Definitely legitimate. πŸ˜ƒ

  • Real-life case studies are provided.

We really liked seeing that real people have actualy used their services. They aren’t like everyone else who just puts up a fake website with no real people on there.

What we liked about these case studies are that:

  1. We were told about the financial problem
  2. Life After Debt provided a great solution
  3. The individual then showed how life is like afterwards

That is our opinion is a real customer testimonial or review, unlike Facebook reviews which only give you a glimpse of a person’s situation.

Our experience

We didn’t just want to have a deep investigation into their website. We also wanted to engage with them, so that’s what we did!

Life After Debt experiences

In total, we made 4 phone calls. 3 of them went to different people and 1 one of them was the same person. It’s clear that they have a few people working in the office.

The average length of these phone calls was 27 minutes. We created a fictional story that we were in heavy debt but were working full time.

In fact, that’s the type of person they like to help. Those who have regular income and have a decent amount of personal and unsecured debt.

We asked a whole bunch of questions like how they work, how long they’ve been in operation and if they can help us. We’re based in Queensland and they’re based in Perth, so obviously quite a distance apart.

And you know what? They impressed us on each call with their responses! Clearly knowledgeable. One of their staff sounded really young (maybe 21?) but she was definitely able to answer the questions as if she had been working there for 10 years. Clearly this is a company who is striving to help people.

The best part

What we really liked is that they try their very best NOT to make you take out additional finance like debt consolidation. In other words, they look at all other options first.

Life After Debt, Perth Australia
The Debt-Free Community retrieved this from their website in January 2020

This is unique in the industry. Most others are trying to get you into additional debt but at a reduced interest rate. While this is actually good in most cases and way better than personal loans or additional credit cards, most people just want a different solution.

Also, when we were on the phone calls with them we found their staff weren’t pushy or anything. Each time they sent us an info pack as well which was cool and did follow up with later phone calls to check if we were still interested.

Even better: We didn’t have to pay anything for any of these 4 phone calls. πŸ˜ƒ

A common complaint

The truth is, we gotta share some bad news. A common complaint is that people just aren’t able to benefit from this company.

In our experience, they do their very best to help people. But they just can’t help each and every person. It’s all based on individual circumstances.

Let’s say you’ve got $100k of personal loan debt, haven’t had a job for 18 months and rely on Centrelink income. Most of these debt reduction companies aren’t going to help you in most cases. It’s just the name of the game, unfortunately.

The only negative experiences with Life After Debt are those who just didn’t qualify for their services. If you read any negative reviews, then take those with a grain of salt.

We prefer to look at the good side: They do their very best under Australian laws. It’s clear that their mindful not to just serve you with more debt, but instead find a solution that actually works best for you.

In summary

So are they any good and would we recommend Life After Debt? Absolutely. They’re clearly out to serve people first, not profits. πŸ‘

We’ve taken the time to research them for this review so you can make a solid decision. We spent a couple of hours on the phone with several staff members and researched their offerings well.

Verdict: It’s clear that they are genuine and help people Australia-wide, despite being based in Perth.

Are they for everyone? No. The only way to find out is to make a phone call to them today, just like we did!

In our view, anyone providing debt reduction services should be praised. Using such services could be your very first step towards the debt-free lifestyle.

WhiteStar Group Review: Are They Really That Good?

We love to investigate online claims about companies and Whitestar Group recently came to our attention, so we had to write up a review!

Australia is in a debt crisis right now and taking on additional debt is something we recommend you against doing. Often it’s just not worth it.

There are companies in the payday lending market making a huge profit off vulnerable people, whilst there are others genuinely trying to do the right thing.

In order to create this Whitestar group review, we decided to not only research the history of this company but put in a fake application too.

On this page, we’ll share out experiences.

Whitestar Group Review

We’re total advocates here of the debt-free lifestyle on this website. When we come across a company helping out fellow Australians, we want to look closer. Are they the real deal?

We started searching online and find some interesting stats. Look here:

Whitestar Group Review

For the uninitiated, Whitestar group have been operating for 20+ years now. That’s enough proof that they are legitimate.

As it turns out, they do a range of services actually. This includes finance (debt consolidation, new home loans etc), accounting, insurance and they also sell investment properties to clients.

Most people just know them by the service offering that they’re interested in, particularly finance. As it turns out, they have quite a few options.

We then checked online reviews about Whitestar Group and were shocked:

Whitestar Group Australia Review

How does a company manage a 5-star rating? We know, but actually following through with seriously good processes so clients are looked after.

Ah! Only 4.9 stars here. The only 1-star negative review about Whitestar Group we found was by someone who left absolutely no comments. Did they really use them or were they a competitor?

Our experiences

After doing our own research, we just had to road-test them.

How did we do this? Well, we took two approaches:

  1. We called up WhiteStar Group and pretended that we were interested in buying an investment property. After a brief introduction, we then decided to hit them with a ton of questions. After all, buying an investment property is an important milestone and you’ll want to be a bit…well…ruthless!
  2. The next day we called up and again pretended we needed a debt consolidation loan. The story goes that we are employed but owe a debt collector $25k from an old debt and it’s getting too hard. Again, after a brief introduction, we hit them with a lot of questions (21 all up actually).

The experience went well and they bought the story. πŸ™ƒ

Validating their knowledge

There were several reasons we decided to do this:

  • Are they really that knowledgeable or is it a ‘churn and burn’ operation?
  • Would they be willing to answer our questions over the phone right there and then?
  • Will we get hassled for weeks if we don’t sign up then and there?

It was important to go through this process so you can see how it actually is.

And you know what? The results are in!

Final results

  • WhiteStar Group pretty much answered all of our questions over the phone. I think they got a bit overwhelmed but we explained that we were new to this process, so they bought the story.
  • Their staff seemed a bit aged. Maybe mid 40’s? We spoke to 3 different people but it’s great that you aren’t talking to some kid from uni like other companies we’ve spoken to in the past.
  • When we told them we weren’t interested at the end of the call, they still asked if they could send an info pack. We agreed and they called again the following week for a follow-up. We were cool with this actually as it shows that they genuinely want to help.

So essentially, that was our experience and in both instances, we believed we would have been approved for an investment loan or debt consolidation. It’s great to see this company offering multiple services so you don’t need to shop around.

So few negative reviews?

You might be wondering why there aren’t many negative reviews about WhiteStar Group. This is because this is clearly one of the few companies that actually follow through for their clients.

At the same time, we would do have to highlight some criticism:

  1. They can’t approve of everyone. Those who have bad experiences generally don’t even qualify with any of these guys due to limited income or other matters which are out of control of WhiteStar and just about all of these companies.
  2. You’ll need to have your documents sorted. Our experience is that they ask for white a bit. 100 points of ID, mortgage statements, credit card statements, rental ledgers and PAYG statements. It can be quite overwhelming to get this all together but you need to be organized. Luckily there is an online portal for you to upload documents.
  3. If you’re not based in Melbourne, it might be a bit more challenging. They do serve people Australia-wide but you won’t be able to go into an office to get your approval done, so you’ll need to do it from home. That’s OK for most people (the online portal), though some will find local solutions more suited.

We feel that it’s best to highlight these minimal downsides so that this is an accurate review for our readers. What’s still evident is that WhiteStar Group is one of the best companies out there.

In summary

Would we recommend WhiteStar Group? Well, it depends on your goals.

If you’re committed to moving towards a debt-free lifestyle or financial freedom, then this is one company that can help you get there. It’s evident from their hundreds of existing clients that leave very high feedback.

On the other hand, if you’re messing around in your life, then maybe not the right match for you. You’ve gotta be proactive to make some progress here. In other words, these companies won’t spoon-feed you.

Becoming 100% debt-free isn’t easy. This takes a lot of work. Starting with one of these companies is often the 1st step in the process, and for most people, they will benefit immensely.