Credit Card Debt Consolidation

Australian Lending Centre has set out to change the way investment property loans are done by offering the best rates and a wide variety of private lenders to choose from.
No impact on your credit score

Consolidate Your Credit cards into Just One repayment

One credit card can be a handful let alone multiple credit cards. When you have many cards, with different rates, limits, interest free periods and late fees, effectively managing your money can be a bit tricky. This is where credit card debt consolidation can be super helpful.

3 Steps Toward Credit Card Debt Consolidation

apply for credit card debt consolidation step 1

Collect information On your debts

To get ahead of credit card debt, you must face how much debt you have. As hard as it is, look at your statements to workout how much do you owe on each debt and check the interest and fees on each credit card debt.

apply for credit card debt consolidation step 2

Determine your monthly repayments

It's vital that you to work out your income and where your money. You can use ALC's Free Budget Planner Tool to determine how much you can realistically afford to pay each month.

apply for credit card debt consolidation step 3

Apply for your debt consolidation Loan

While it is stressful to do you now know how much debt you owe and what you can afford to put todays debt repayments each month. Our application process is simple and we will help you with options.

At ALC we help our customers move into a credit card debt consolidation loan, with just one repayment for all of your debts. This makes it much simpler to remain on track, saves time and stress about which card and how much is due. Let Australian Lending Centre find help a credit card consolidation loan by applying online or reaching out on  1300 138 188.

Money smart tips

Tips For Credit Card Debt Consolidation

Set yourself up for a debt-less lifestyle! We have been helping Australians through the consolidation process for over a decade, we know what it takes to get you the best deal and we strive to get you debt relief fast!

Benefits of Credit card Debt Consolidation

Lower repayments icon

In Most Cases, Lower Monthly Repayments

One monthly repayment icon

Easy-to-manage Single Monthly Repayment

Less stress icon

Fewer Creditors and Billed To Manage Each Month

interest repayments icon

Lower Interest Rates, Late fees and Charges

Credit Card Debt In Australia

credit-card-debt-by-state

Source: RBA 2012

0
Number of credit cards in circulation
$ 0
Average balance per credit card
$ 0
Average balance costing interest per credit card
0
Average number of purchases per credit card per month
$ 0
Average credit card purchase
$ 0
National Australian spend on credit card purchases each month

Source: Finder / RBA

Why choose Debt Consolidation?

Credit card consolidation loans are perfect for those who need to consolidate multiple credit cards, store card debt and personal loans, as they can drastically reduce the amount of interest you pay to service each debt.

Example of Credit Card Debt Consolidation

Take for example a credit card debt of $5,000. If you pay the minimum repayment of 2%, it could take you up to 36 years to pay it off and you could pay over $15,000 in interest. With a credit card consolidation loan from the Australian Lending Centre, you could pay this $5,000 back in a little over 2 years for around $60 per week, with interest charges in the low hundreds instead of thousands of dollars

Credit Card Consolidation Loans
February 22, 2024
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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 😃

February 22, 2024
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Great assistance & very professional

February 20, 2024
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Pat was so caring and empathic and gave me clear guidance on my best options!

February 19, 2024
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Pat was very helpful and easy to converse with. Thanks Pat!

February 17, 2024
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Chloe has been amazing very efficient and lovely to deal with. Thank you so much
February 16, 2024
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Pat was absolutely amazing ! Such an incredible help he has shown !

February 15, 2024
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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!

February 14, 2024
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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

February 9, 2024
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Chloe was super friendly and helpful

February 8, 2024
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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

January 30, 2024
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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!!!

January 29, 2024
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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.

January 25, 2024
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He was very helpful and understand too notch employee

January 18, 2024
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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.

January 17, 2024
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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.

January 16, 2024
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Chloe was absolutely amazing and super friendly!! Thank you!

January 15, 2024
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Chloe was very friendly, considerate and understanding. She was also extremely professional and handled my case with great efficiency.

December 20, 2023
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Was great to talk to would do it again if I had to

December 20, 2023
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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!

December 18, 2023
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Chloe was fantastic to deal with, very professional!!

December 13, 2023
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Chloe was great! Great service and very friendly. Glad to find a solution

December 13, 2023
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Chloe was amazing to speak with. So kind and very helpful.

December 7, 2023
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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

December 7, 2023
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Chloe was brilliant and super helpful

December 6, 2023
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Chloe was so supportive and understanding and didn’t make me feel stupid for my situation.

December 4, 2023
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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 :)

December 4, 2023
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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 :)

November 29, 2023
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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.

November 28, 2023
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Pat was great, knew what he was talking about, very friendly. Couldn’t say a bad word about him.

November 28, 2023
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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

November 27, 2023
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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.

November 27, 2023
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Would recommend. Excellent customer service. Willing to help anyone !!

November 24, 2023
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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!

November 23, 2023
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Pat was very help full very go at helping ne each step very easy to talk to he dose a great job

November 23, 2023
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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.

November 22, 2023
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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.

November 22, 2023
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Very informative and supportive, very easy and polite to talk to 🙂

November 20, 2023
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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.

November 18, 2023
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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.

November 17, 2023
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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.

November 16, 2023
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Was very helpful, and helped me get everything sorted and was a very nice person to deal with.

November 16, 2023
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Pat helped me so much and I can’t believe how much this is helped me! Thank you so much

November 16, 2023
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Friendly, understanding and informative

November 14, 2023
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Excellent helpful and friendly person (PAT). He explained everything really well so you could understand exactly what happens and how it all works. Great 😃👍.
November 6, 2023
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Friendly, and took the time to help answer all the questions I had. Very patient and understanding.
November 1, 2023
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Pat was very help and very explanatory of the reasons why a certain product would be helpful for my future

November 1, 2023
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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

October 31, 2023
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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”.

October 30, 2023
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She was so understanding and amazing

October 24, 2023
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Chloe was very kind and understanding!
Made me feel very comfortable even though I feel very uncomfortable talking about my financial situation

Credit Card Debt Consolidation FAQs

Pay off Your Credit Cards In Order of Priority

This is a popular strategy, helping people get out of debt faster. If you have multiple credit cards or personal loans to pay, the idea is to pay more towards the debt that charges the highest interest rate, followed by the second highest and so on. By doing this, you can minimise the total amount of interest paid in servicing the debt in an organised way. 

Use A Balance Transfer To Pay Off Credit Card Debt

Another way to achieve credit card consolidation is to take advantage of credit card balance transfer offers by rolling multiple cards onto one. There are several credit card consolidation offers at present, offering a 0% interest rate on the balance transferred for up to 6 months, followed by a lower-than-usual interest rate of around 12.5% thereafter. It’s important to take advantage of the low interest period on all credit card consolidation offers, as some will return to an interest rate similar to that which you were trying to avoid by consolidating credit cards in the first place.

One of the most cost-effective techniques to consolidate credit card debt is to use the equity in your home – by refinancing your mortgage and taking advantage of lower interest rates, credit card debt consolidation can be achieved quickly. This not only makes repayments both easier and more manageable but allows you to substantially reduce the amount of interest you pay overall.

Cutting up credit cards for some is both a symbolic and physical way to stop spending money you don’t have. But you need to also remove your credit cards from automatic payments, subscriptions and payments from platforms like Google Pay and PayPal to ensure your don’t keep spending. Just having a balance for some can be a big temptation, so removing the temptation online and in-store can prevent your debt from growing.

If you can keep you credit card accounts and completely paid off this will help your credit score. Just be strong and do not to use your credit card. Get a debit card and only spend money you actually have in the bank.