What is debt consolidation?
Debt consolidation is a great way to get ahead and can be used to help you consolidate your credit cards, personal loans, and other debts as well by lowering the interest rate and repayments.
Refinancing your existing credit card debts and personal loans will lower your repayments and help you pay off your debts sooner. You can use personal loans to consolidate debt or apply for funds to be released from equity in your home loan or investment property loan.
Top 3 reasons why you should consolidate your loans:
1Pay off your loan faster.
2Get a better interest rate and consolidate number of lenders, thus saving you money on interest, fees and charges.
3Lower your repayments.
Not sure if Debt Consolidation is right for you? Give us a call and we will calculate whether its right for you.