Debt Consolidation Loans

If you have equity in your home, you can use that to secure a debt consolidation loan plan. Your home acts as collateral so that we can secure you better interest rates.

This means you can access funding at an affordable, low-interest rate and this will streamline your monthly payments. This means you can pay off the high-interest cards and debts, to make one single payment with a great new low rate.

Too often the debt grows for years getting out of control. Ignoring the debt is easy, but as it builds it becomes harder and harder to see a way out. When you find yourself under the weight of too much debt to handle or your debts are eating away your wages, debt consolidation may be the financial solution you need.

Thousands of Australians have taken advantage of consolidation to make their monthly expenses more manageable and pay back their debts without filing for a debt agreement or bankruptcy.

The friendly team at Australian Lending Centre can give you the information you need to see if debt consolidation loans are right for you. There are also other options for debt management and we aim to find the right solution for your circumstances.

If you have a a couple of credit cards, store cards, car finance, student loan and/or buy now pay later loans, it can be like juggling. You need to ensure that you have money in your account when each payment comes out and it can be stressful trying to keep track. Sometimes, when everything comes out at once, you can miss a payment. Then you may be charges a late fee or you have not even realise, and have a default on your credit history. The situation is confused even more with additional fees and interest rates, meaning that it can seem impossible to make a dent in the debt, even if you keep up with payments.

The situation can easily get out of control and paying everything off to become debt free and start saving can seem impossible.

This is where a debt consolidation loan can be really helpful.