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Retired couples should avoid being enticed as guarantees for family members
One of our senior financial counsellors had a call from a distressed elderly couple. They had a Supreme Court writ to remove them from their house within two days. Their original debt of $60,000 had grown to $160,000.
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| Mission Statement |
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Financial Counselling (VIC) Inc (FCV) will endeavour through its casework and community contact to
achieve a more just and equitable society. It will, with the overall support of a community-based
committee of management, be a well administered organization that respects and supports its staff.
It will provide financial counselling to low income families and individuals.
FCV will provide financial counselling on a promt, practical, and professional level. It will, in collaboration with other organsiations, facilitate innovative programs and support the empowerment of consumers to improve and take control of their own lives. It will be responsive to gender, ethnic, class, culture, religious and disability issues. On a wider level, FCV and its service users will contribute to community awareness, education, debate and change on issues affecting the financial well-being of individuals and families in the community. 
...a free and confidential community-based financial counselling service.
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