u/IAmA_Wolf

I've been out of work for some time now, and the savings have all been used up. While desperately applying for employment, I need some sort of financial saving grace to get through the next few months or so of mortgage payments. There are also a few bigger bills unpaid now, including medical and strata.

I've cancelled all subscriptions, don't go out, and have done everything I can to minimise/eliminate expenses. I've maxed out the $5k credit card and am making minimum repayments on this each month. I am selling what I can like clothes, shoes, etc.

My partner works, and due to the pitiful income threshold I'm ineligible for any government payments. His salary does not cover all of his expenses, plus mine, and the entirety of the mortgage. We can't refinance while I'm unemployed.

My question for AusFinance is comparing which suits best/pros/cons:

- a withdrawal of super on compassionate grounds

- partner applying for a personal loan (if even eligible)

- applying to the bank to access equity (about $280k accessible, 50% LVR)

I have spoken with the bank re financial hardship, and they can pause repayments for a period of time up to 3 times/12 months total, however we could still make partial payments for a while still.

I'm mentally and emotionally exhausted, and at a loss on how to even begin to compare these options and which would be better. Any advice or help is very appreciated, thank you.