Discover the Benefits of Debt Consolidation
Consolidating debt is an opportunity for many people to save themselves substantial amounts of money. Consolidating debt has several benefits however it may not be the right solution for everyone.
Consolidate Your Debt into a Lower Interest Rate Loan If:
- A debt consolidation loan would lower the interest rate you are currently paying
- It would help you pay off your debts sooner
- It would offer you the ability to change to or from a fixed rate
- It would help you stay organised and on top of your payments (are you the type of person that falls behind and ends up having to pay over the limit late fees etc)?
Most people choose to consolidate debt to lock in a better interest rate or to be able to make a single repayment instead of several. Another motivator may be to consolidate debt when circumstances change, for example, if you (or your partner) have recently had a change of income or experienced a job loss. Additionally, you may decide to access some of the equity in your home to consolidate debt or to free up funds for a holiday or to purchase a motor vehicle.
Others revisit their household budget and realise they could save money when they consolidate debt or pay off their home loan even faster. For this reason we suggest you kindly contact us at
1300 137 778 or Enquire Now to receive a free assessment of your present finances or talk to one of our attentive and friendly debt consolidation or mortgage team today about what you could gain out of a debt consolidation loan.