Young couple with two young children*

They have a $273,000 mortgage on a residential property and are paying $1,975 monthly mortgage repayments.

They have two credit cards with $13,000 balance owing, repaying $195 monthly interest only.

They also have a $36,513 car loan, repaying $831 monthly.

Total repayments were $3,001 month.

After restructuring and refinancing, couple now own their car outright and have no outstanding credit card debt, are paying $1,386 a fortnight and if they continue, will own their home 15 years earlier.

Self-employed with cash flow problems in his business*

$418,000 mortgage $3,100 month interest only

$25,000 credit card limit $292 month interest only

$44,620 car loan $993 month

$45,000 overdraft with bank at 16% p.a.

Before was paying $4,385 month PLUS overdraft at 16% p.a., having severe cashflow problems in business and paying expensive overdraft for shortfall.

After restructuring and refinacing, this business owner now owns his car outright and no credit card debt, is paying $3,529 a month principle and interest and has access to $50,000 at less than half the interest rate he was paying before.

* Disclaimer: Case study is for demostrative purposes only. Individual circumstances and outcomes will vary.