Debt Consolidation
SIMPLIFY YOUR REPAYMENTS
No judgement. Just a clear path to one repayment a month.
Multiple debts, multiple due dates, multiple interest rates. We roll them into one home loan so you’re left with a single repayment that’s easier to manage and usually costs you less. No lectures, no judgement, just a clearer way forward.
Sound Familiar?
Debts spread across credit cards, car loans, and personal loans.
The interest on credit cards is hurting more than it used to.
Cash flow is tight. You want one number to focus on, not five.
You've been knocked back elsewhere and need someone to actually look at your case.
MORE THAN JUST A LOAN
The four things
investors get wrong.
Most brokers focus on the loan in front of them. We work the long game, because the decisions you make on this property shape the next five.
No fees, ever.
The lender pays us. Not the other way round.
30+ lenders compared.
The right fit, not the easiest sell. ANZ, CommBank, Westpac, NAB, plus 26 more.
One broker, start to finish.
Steve from the first call to settlement. Same person every time.
Plain English.
No jargon, no fog. If something doesn't make sense, ask. We'll explain.
What happens next.
Lay it all out
Tell us what's owed and where. Credit cards, loans, anything else. Everything stays confidential.
We do the numbers
We work out what consolidation would look like for you, with real figures. If it doesn't make sense, we'll tell you.
Refinance and consolidate
If it's right for you, we handle the lender, the refinance, and the payoff of your other debts. One repayment, sorted.
FAQS
The things buyers ask.
Paying off your debts using a debt consolidation loan will not reduce your loan balance.
Instead, all your debts will be rolled into one, so you can easily make your payments more manageable.
If your credit score is good, your bank may approve an interest rate on your debt consolidation loan that is lower compared to the rate on your current debts.
However, your total interest cost may increase if you choose a longer-term.
Debt consolidation works if you use it well.
Debt consolidation can help you fix your finances, but if you do it with the wrong lender or without understanding the product, your credit might be affected instead.
Understand the details of a consolidation loan before you proceed with the application.
And remember, if you have a poor credit history, your lender may not extend you a lower rate, so consolidating your debt may not even save you money.
Do your due diligence before you sign any loan consolidation agreement.
Most banks and non-bank lenders in Brisbane are offering debt consolidation loans to homeowners.
However, the available options may overwhelm you because every lender has a different credit policy and may set different loan terms for mortgage consolidation.
So, you must select the right refinancing package based on your needs and preferences.
Each lender has a specific set of terms in approving a consolidation loan, including the credit score needed.
But in general, having a low credit score is unlikely to affect the approval but is likely to affect the type of consolidation loan, length of repayments, and interest rates.
NOT SURE WHICH ONE FITS?
Let’s have a chat.
Most people don’t know exactly what they need until they’ve talked it through. Start with a free conversation. We’ll work it out together, and tell you straight what suits.