The concept of debt consolidation might seem complicated, but it is a fairly simple process. Essentially, we roll your debts into one monthly payment. This reduces how many bills and creditors you pay each month with the goal of reducing how much you pay total on your debts monthly and annually. The aim is to get you a debt consolidation loan with a fantastic rate, much lower than your credit card’s rate which can run as high as 26%!
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 struggling with too much debt or your debts are eating away your pay cheque, 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 is right for you.
Secured and unsecured debts can pass through this type of agreement. High interest credit cards, medical bills and cash advances can also be placed in a debt consolidation program.
With Australian Lending Centre, you have 20 years of experience in consumer and business debt relief backing you. We can assess your financial situation and recommend the best options to help you get out of debt and back on track financially!
If you have equity in your home, you can use that to secure a debt consolidation plan. Your home acts as collateral so that we can secure you better interest rates.
Get started with Australian Lending Centre today. Our no obligation consultation can show you your options for getting in control of your finances. We don’t report your enquiry to your credit file.