Ann: Business Update - Launch of debt management APP in Australia, page-17

The worries around this app not "significantly increasing revenues" as stated in 30th of august preliminary report. Seem very reasonable imo. To the app itself they state that you can put all your debts in one place to be managed by chapter two now this is seductive to most debt holders but their is a real question about weather it will reduce the cost of their debt by consolidating it into chapter two.

Negotiating interest free debt means that their are fees instead of an interest repayment which once again will this be more costly to the debt holder or less? I'm also very curious as to what happens to the debt holder if this debt isn't cleared in 5 years...

Monthly credit score is a cool feature but also a free service from many other companies albiet not updated automatically.

The real worry is where is the value besides the utility of the app. Its great that its helpful with managing debt but is it more or less costly for the debt holders?