debt consolidation loan

Questions You’ve Had about Consolidating Debt But Haven’t Asked

Debt consolidation is regarded with kind eyes by many Aussies and often described as a solution to all of your problems. Just like the name says, debt consolidation refers to putting all of your debts together, in order to keep track of your payments easier.

In addition, this change will save you money and allow you […]

Are You Falling for these Debt Consolidation Traps?

Do you feel burdened by several credit card debts and other outstanding loans and you think debt consolidation could provide some serious relief?

Debt consolidation is a new loan that allows you to pay off your multiple balances in one monthly payment. It doesn’t erase all your debts, but simply makes it easier for you to […]

Debt Consolidation Loans: Quick Fix and Permanent Solution

There’s no easy way to overcome bad debts, but if used wisely debt consolidation loans can quickly tackle them head-on, and put your finances back on the right track.

Bad loans interrupt your life and prevent you from reaching your financial goals. They ruin your credit history, decrease your chance of getting favorable loans and may […]

Top Questions to Ask Yourself before Consolidating Your Debt

Debt consolidation is the process that gathers the total amount of your outstanding debts into one single loan. As with any other financial procedures, it may or may not work for you. The key is to know what to look at to ensure that you’ve made the right choice for your personal background. If you’re […]

By |March 2nd, 2017|Categories: Debt Consolidation|Tags: , , , , , , , , , , , |Comments Off on Top Questions to Ask Yourself before Consolidating Your Debt

Understanding Debt Consolidation and Clearing Misconceptions

Are you in need of debt consolidation? If so, then you might be surprised to find out how hard it can be to get a bank or non-bank institution to give you a loan to get your debt under control. The advertising and publicity around debt services has made the general public and some brokers […]

By |May 20th, 2015|Categories: Debt Consolidation|Tags: , , , , |Comments Off on Understanding Debt Consolidation and Clearing Misconceptions

Debt consolidation loans and the future of personal finance

Banking is evolving to meet the needs of a more technologically savvy customer base. Non-bank lenders are offering many of the same services as big banks and also offering those services in handy mobile applications on smart phones. Many large institutions are beginning to realize that they must become as fast and available online as […]

By |March 25th, 2015|Categories: Debt Consolidation|Tags: , , , , |Comments Off on Debt consolidation loans and the future of personal finance

Debt Consolidation Bad Credit Loans

Unfortunately, many Australians who are overwhelmed by their debts can find themselves missing some of their monthly payments. This is a difficult situation that can lead to an individual building a bad credit rating. This bad situation has the tragic potential of spiraling out of control; you may need more money to be able to […]

By |August 22nd, 2014|Categories: Debt Consolidation|Tags: , , , , , |Comments Off on Debt Consolidation Bad Credit Loans

Should I Consider Debt Consolidation?

Consider Debt Consolidation?
A lot of consumers are confused about debt consolidation. Most assume that debt consolidation is only necessary when you’re living pay cheque to pay cheque or you’re facing bankruptcy. The fact of the matter is that anyone can benefit from debt consolidation and they don’t have to be underwater to do so. In fact, taking advantage of debt consolidation before your bills get out of hand can actually prevent further damage to your credit file.
What is Debt Consolidation?
Debt consolidation combines multiple loans and credit cards into a single loan and payment. You do so by applying for a new loan through a debt consolidation specialist and using that loan to pay off your current debts. Then, you repay the single loan to the lender.

Not all debts can be consolidated. Debt consolidation loans are meant for credit cards, some medical expenses, store credit cards and personal loans. Your home loan or business loan cannot be placed into debt consolidation. […]

By |February 14th, 2013|Categories: Debt Consolidation|Tags: , , , , |Comments Off on Should I Consider Debt Consolidation?

Attack on Debts

Some businesses have launched a Christmas crackdown on overdue bill payers.  They have been hiring squads of debt collectors to recover cash from debtors before it will be spent on Christmas celebrations.

Strict new rules for banks mean that many firms have to meet quarterly revenue targets to retain loans, which means that this has forced them to chase debts more aggressively.

Debt collection agencies have reported a big rise in firms targeting pre-Christmas pay packets.  One debt agency has claimed that their business is up by 30% on this time last year.
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By |May 20th, 2011|Categories: Debt Consolidation|Tags: , , , , , |Comments Off on Attack on Debts

Consolidate Christmas Credit Card Debt

It’s very common for people to save feverishly throughout the year with sights set on Christmas and the holiday shopping season.  However, every year as the sales get sweeter and sweeter and people want more – the debt and spending seem to sky rocket at Christmas and then they spend the next few months struggling to repay that debt.  Australian credit card data from last Christmas states that Australians spent over $22 billion on Christmas.

The Australian Retailers’ Association expects that this figure will continue to rise each holiday.  With this enormous amount being charged to credit cards with high interest rates, the amount of money being thrown away is outrageous.

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By |May 20th, 2011|Categories: Credit Card Consolidation|Tags: , , , , |Comments Off on Consolidate Christmas Credit Card Debt