Refinancing
The Australian Lending Centre has years of experience helping thousands of people refinance by offering them a better interest rate or by consolidating their debts.
So if you are looking to refinance an existing loan, or want to consolidate a number of debts you've come to the right place!
Refinancing can take the pressure of out of your current financial situation.
We believe that every person, regardless of past credit issues, should have the opportunity to improve their financial position.
Refinancing is essentially reducing interest costs to pay off other debts. This is done through switching to a lower interest rate.
Some of the advantages of refinancing include:
- Lower monthly repayments
- The ability to pay off multiple debts
- Reduced risk by changing from a variable rate to a fixed rate
- Access to cash to cover major expenses
By refinancing your outstanding loans and other debts into one easy monthly or fortnightly payment you could save thousands of dollars.
Here's an example of one of our satisfied clients:
Mrs Doonan, who has 2 children under the age of 12, was finding it quite difficult to maintain her monthly financial commitments.
Before refinancing:
| Type of Asset/Liability |
Owing |
Monthly Repayments |
| Mortgage |
$112,000 |
$800 |
| Personal Loan |
$17,700 |
$590 |
| Personal Loan |
$12,000 |
$300 |
| Personal Loan |
$4,500 |
$160 |
| Credit Card |
$8,800 |
$264 |
| Credit Card |
$7,300 |
$219 |
| Family Owes |
$14,000 |
Nil |
| Total Monthly Repayments: |
$2,333 |
After Mrs Doonan refinanced with us:
| Her New Monthly repayment: |
$1,137 |
| Monthly Savings: |
$1,223 |
| Yearly Savings: |
$14,676 |
Despite the ever increasing interest rates, we at the Australian Lending Centre are proud to say that we have some of the lowest rates in the market - and we want to share these fantastic deals with you! Call us now for details 13 81 88.