Menu
At ALC we make it easy for our customers by taking their debts and rolling them into one with lower repayments and flexible terms. This is possible with bad credit debt consolidation loans.
There are two main benefits to bad credit debt consolidation loans.
First benefit is that if you have bad credit, we have lenders who may be able to lend you the finance to combine your credit cards, payday loans and other high interest or high cost loans. You combine these into one loan, to save you time, lower your interest and fees, and only one repayment to remember each month. This saves time, and stress.
The second benefit is that when you pay out your debts, they will show up as “paid” on your credit report, and, if you stick to the repayments, can help improve your credit score.
With a bad credit debt consolidation loan, you can get back in control of your multiple high-interest or high fee finance. Even if you have a bad credit rating or a limited credit history we have lenders who may be able to help you reduce your interest rate and combine into one simple loan.
Unfortunately, many Australians who are overwhelmed by their debts can find themselves missing monthly repayments. This difficult situation can lead to an individual building a bad credit rating. With debt spiralling out of control; you may need more money to pay it off, but your bad credit rating will make it harder to gain access to the finance you need from traditional banks.
This is where Australian Lending Centre comes in with bad credit debt consolidation loans. As a trusted private lender, we specialise in providing tailored finance solutions to suit you. A debt consolidation bad credit loan can provide you with the opportunity to take control of your finances.
If you are paying off multiple debts, the chances are that a few of those debts will be from credit cards. Credit cards have higher interest rates than most other loans, and these rates become even higher when you miss a payment. In addition to this, each of your creditors may charge a fee for missing a payment
The Solution? ad credit debt consolidation loans can help you clear high interest debts, such as credit cards, and enable you to regain control of your finances. After clearing your debts with a bad credit debt consolidation loan, you could repay your new loan at a lower interest rate.
When an emergency hits and you have bad credit and no savings, it may seem like you have no other choice. But choosing payday loans can seriously impact affect your credit and finances, trapping you in a cycle of debt
Credit card debt is considered a bad debt because of the very high-interest rates and low minimum monthly payments. You can get caught up paying the minimum each month and not making a dent in your debt.
It's easy to get caught out with not paying enough tax through the year or being overpaid by Centrelink. After the past year, many people have found themselves owing money to Services Australia with no way to
Here at Australian Lending Centre our goal is to take away the stress of bad credit debt consolidation loan applications. When you need to consolidate with bad credit, there are a few things we can do to qualify your for your loan. Here’s what you can do today:
Click the “Start Your Application” button. It is on the top right in the menu.
Select the type of loan that you want by clicking the button with the icon.
Continue through the form and follow through to the upload document prompts.
If approved, the funds could be transferred to your account as little as 72 hours.
Bad credit debt consolidation loans works in the same way as regular debt consolidation loans. A bad credit debt consolidation loan allows people with bad credit and overwhelming debt to consolidate their finances into one easy loan. This means that instead of paying multiple credit repayments each month, an individual with bad credit can simply pay one monthly repayment, giving them more financial control and a heightened ability to pay back their debts.
Even better, bad credit debt consolidation loans may allow you to secure a lower interest rate than the combined rates of your current debts. This has the potential to save you hundreds of dollars each month!
If you need debt consolidation loans for bad credit, the friendly team at the Australian Lending Centre can give you the information you need to see if one of our bad credit debt consolidation loans is right for you.
There are a number of different forms of bad credit loans, including bad credit debt consolidation. This type of finance can not only combine all of your debts into one manageable one with lower rates, but also can improve your credit score over time.
Letting your debt build up can seem fine at first and many people manage by paying the minimum payment each month on credit cards. However, as time goes by your finances will become more and more stretched until something has to give. Making minimal repayments each month not only prolongs your debt and makes the total amount owed higher, it also harms your credit score.
Making minimal repayments, the total amount owed will always remain high, which means you have a high credit utilisation ratio. Experts suggest keeping your credit utilisation ratio lower than 30% can benefit your credit score, while a ratio of 31% or more can damage it. A credit utilisation ratio is the amount that you currently owe compared to the total loan amount. So, if your total loan amount is $1,000 and you still owe $300, then you would have a credit utilisation ratio of 30%. Put simply, credit utilisation ratio= loan amount still owed / total loan amount.
When you enter into a bad credit debt consolidation agreement, the sum of all of your current debts is paid off which reflects greatly on your credit file as your credit utilisation ratio will drop to 0%. So long as you keep up with your debt consolidation repayments then your credit score will only go up.
Not only can you benefit from an improved credit score with bad credit debt consolidation, but you can also simplify your life and save money too. Having just 1 repayment to make each month is a lot easier and less stressful than having to make multiple repayments to different creditors. As well as this, you will have a fixed repayment amount so you know exactly how much you need to pay each month and when. On top of this, bad credit debt consolidation can often provide you with a more favourable interest rate.
Clearing multiple debts with a bad credit debt consolidation loan could help improve your credit rating for the future. Through bad credit debt consolidation loans, you could lower the risk of multiple defaults and could also reduce the number of unpaid debts to your name. Even better, when you consolidate bad credit and successfully pay off your loan could help rebuild your credit rating, giving you more financial freedom in the future.
You don’t need to struggle with multiple debts. Consolidate bad debt with Australian Lending Centre’s bad credit debt consolidation loans. Call us today.
If you are spending beyond your means and allowing your debt to pile up it can be very easy to fall into late payments, defaults and even court judgements. All of which lead to a bad credit score. This is the point at which most people tend to bury their head in the sand and try to hide from mounting debt, constant phone calls and demanding letters from creditors, all wanting money that you just don’t have. For some people, this is overwhelming, stressful and can appear to be unsolvable, but with a bad credit debt consolidation loan and some serious budgeting, you can find the light at the end of the tunnel.
If you have bad credit then you have 3 main options to receive finance:
Thank you soo much for all your kind help Chloe! You have been amazing to deal with and have simplified the whole process for me. Fabulous customer service 😃
Pat was so caring and empathic and gave me clear guidance on my best options!
Pat was very helpful and easy to converse with. Thanks Pat!
Pat was absolutely amazing ! Such an incredible help he has shown !
This morning Pat contacted me to discuss my debts, he was extremely understanding and willing to find a solution to help me in many ways to have a stress free option to consolidate my debts. Pat valued my time and allowed me to be vulnerable and express my financial hardship. Thank you for all your help Pat!
Very helpful took so much stress off my shoulders, didn’t think I’d be able to get out of the situation I was in. Great service
I dealt with Pat,
He was very professional and so nice to deal with. He explained everything so well and was amazing. Thanks again Pat
Pat was fantastic, non-judgmental, answered all my questions clearly. He was friendly and warm, I could tell he actually cares about the people he is doing his best to help. 10 stars for Pat!!!
Nothing less I would say about the customer service. The guy named PAT was really helpful and accommodating. He is really informative and would help you go through the process with transparency. Great experience and really a wonderful guy.
Pat was super helpful, non judgemental, accomodating and compassionate. The exact ingredients of support I needed during this extremely difficult time for me. I am truly grateful to him beyond words.
Chloe explained everything in detail, professional, compassionate and easy to talk to. She made me feel like a person, positive about everything. She is a great asset to the company.
Chloe was very friendly, considerate and understanding. She was also extremely professional and handled my case with great efficiency.
Chloe was amazing! Transparent and honest and made me feel really comfortable through the whole process. For the first time in a long time I don’t feel so helpless.
Thank you again Chloe for your understanding and support!
Chloe was great! Great service and very friendly. Glad to find a solution
A big thank you to Emma Jabbour 🙂 for exceptional customer service. Emma wanted to help me get a successful outcome to my enquiry. I look forward to doing business with Emma in the not too distant future. Many thanks, Daniela Marks
Chloe was so supportive and understanding and didn’t make me feel stupid for my situation.
Margarita was a pleasure to speak with, she made the process very easy and advised me everything I need to know and do. Very exceptional customer service 🙂
Margarita was a pleasure to speak with, she made the process very easy and advised me everything I need to know and do. Very exceptional customer service 🙂
Pat was very easy to talk too. I not big on taking on the phone, but pat made it easy experience. The way he explained everything for me made it easier for me to understand all the information he was giving me.
Thanks Pat.
Pat was great, knew what he was talking about, very friendly. Couldn’t say a bad word about him.
Was able to calm me down and feel less embarrassed about my debt.
Very helpful and well spoken, explained everything in detail to me, would highly recommend
Isabel is a superstar. Very helpful, kind, understanding, empathetic and has that calm soothing voice. If anyone’s freaking out about their debts, Isabel will put you at ease.
She must have read the book ” Never Split the difference ” It’s a good book for persuasion. haha!
“Hakuna Matata – it means no worries for the rest of your debts”
Why stress, when Australian Lending Centre can take care of your stress for you? You’re not alone.
Talk to one of their consultants today.
Would recommend. Excellent customer service. Willing to help anyone !!
This year was really hard for me financially as a temporary resident. Living paycheck to paycheck due to being stuck in the payday loan cycle. I saw no way out and was in a perpetual state of pain. Pat was extremely compassionate and understanding, although theres not that can be done in my visa status, Pat went above and beyond to find a solution. I really want to thank Pat for bringing back a smile on my face by shedding light on my situation. Give that man a raise!
Pat was very help full very go at helping ne each step very easy to talk to he dose a great job
First time ever hearing or dealing with Australian Lending Centre and I can say, they’re probably the best staff I’ve ever had the pleasure of speaking with, especially my consultant Pat. He wasn’t just friendly but patient, understanding and very honest and that helped me a lot. Not sugar coating anything but allowing me to be honest and he was also honest with his responses clarifying reasons why and also honest with the outcome that was available to me. I initially wanted to get a consolidation debt loan but wasn’t able to due to the criteria of the lenders that I wasn’t eligible for however he offered me another solution that might be available to me, and this really made me happy. That there isn’t just one solution and that I wasn’t going to be turned away just like I had been by various lenders. I am very happy with Pat’s customer service, he was genuine and didn’t judge me with my credit history or circumstances which people in the financial industry do do sometimes but he didn’t. That means a lot.
It was very easy and I felt relieved that I was able to talk to Margarita who understood exactly what I was g gong through. I was very happy and had exceptional service.
Very informative and supportive, very easy and polite to talk to 🙂
I was able to talk and share my struggles without being judged, very understanding and sympathetic towards my situation and wanted nothing more than to help me through this and see me succeed. Would highly recommend them to anyone.
It was great to receive support and understanding from Pat. He helped me work through my situation and provided me with an option that I believe is going to really help me and my family. He has excellent in listening to my needs and responding positively to my requests. Thank you so much Pat for your professional guidance and support today.
Quick call back and very informative with my options and crunched the numbers to give me an overview of my situation and next best step forward. Above all gave me a chance to explain my situation whilst not being judgemental made me feel comfortable that I’m making the right decision.
Was very helpful, and helped me get everything sorted and was a very nice person to deal with.
Pat helped me so much and I can’t believe how much this is helped me! Thank you so much
Pat was very help and very explanatory of the reasons why a certain product would be helpful for my future
The mannerism and the way you are treated was excellent couldn’t ask for more then that I had a few options which was great I recommend Australian lending service to Everyone
Definitely a people’s person. If i had to describe the experience, imagine going to your local doctor, with positive energy, knowing everything is goign to be okay. Furthermore, he is a great listener, but he adds layers of compassion with active listening, rather than, “just doin my job”.
Chloe was very kind and understanding!
Made me feel very comfortable even though I feel very uncomfortable talking about my financial situation
For over 25 years, the Australian Lending Centre has provided access to a wide range of financial solutions including Personal Loans, Debt Consolidation and Mortgage Refinance.
Applying with us has no impact on your credit score, so you could gain approval even if you’ve been rejected elsewhere
Ⓒ 2024 Australian Lending Centre | Australian Credit License: 389119 | ACN 113 466 550 | ABN 86 113 466 550
Site by ChilliDee Digital Marketing
Debt Consolidation
Personal Loan
Car Loan
Purchases
Home, Rent & Improvements
Business Loan
Medical, Family & Education
Living, Utilities & Bills
Life Events