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DEBT CONSOLIDATION LOANS


You don't need to own property to be able to consolidate your loans.

Consolidating loans with your existing mortgage is very effective if you owe large amount of money on your credit cards, personal loans, car loans, etc. See the Example-1 on our home page.

DEBT CONSOLIDATION

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DEBT CONSOLIDATION LOANS

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DEBT CONSOLIDATION LOANS

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Debt consolidation calculator


Debt Consolidation - Consolidate all your loans & debts and save money


- Are you paying too much for your loans?
- Reduce your monthly payments up to 40%

- Only one easy loan consolidation payment per month

Debt consolidation loan is the solution!


One loan + lower interest rate + smaller monthly payment = save money.

We offer two options for debt consolidation loans. One option consolidates all your loans, credit cards, etc, into your existing home loan. See example-1, below. In the second option, your loans are replaced with a single personal loan. See example-2, below.

Example 1. Debt consolidation loans with existing mortgage.

Before debt consolidation loan John is paying for 6 different loans each month.

Type of loan Remaining to pay Interest rate Monthly repayments
Home Loan $150,000 6.9% $1051
Car Loan $20,000 9.0% $415
Credit Card 1 $9,000 16.5% $240
Credit Card 2 $6,000 14.0% $200
Personal Loan 1 $19,000 12.5% $427
Personal Loan 2 $15,000 14.0% $349
TOTAL $219,000  -- $2,682


After
debt consolidation loan John's monthly payments are reduced from $2,682 per month to $1,411 per month. He is saving $1,271 each month.
Type of loan Remaining to pay Interest rate Monthly repayments
Home Loan $219,000 6.0% $1,411
Savings per month $1,271     (Every month John has extra $1,271 in his pocket.)



Example 2. Debt consolidation loans without a mortgage.

Before debt consolidation loan Susan is paying for 3 different loans each month.

Type of loan Remaining to pay Interest rate Monthly repayments
Car Loan $20,000 12.0% $445
Credit Card 1 $9,000 16.5% $240
Credit Card 2 $6,000 14.0% $200
TOTAL $35,000  -- $885


After
debt consolidation loan Susan's monthly payments are reduced from $885 to $618. She is saving $267 each month.
Type of loan Remaining to pay Interest rate Monthly repayments
Personal Loan $35,000 12% $618
Savings per month $267     (Every month Susan has extra $267 in her pocket.)

Why should I Chose Debt Consolidation?

Debt problems can be solved simply by consolidation of your existing debts. You don't need a mortgage to be able to consolidate your debt.

However, if you do have a mortgage, your existing debt from personal loans and credit cards can be incorporated into your mortgage at a much better interest rate. Consolidation will reduce your interest rate overall, and in this way save you money. Consolidation of your debt into your existing mortgage is most effective for larger amounts of money.

For smaller amounts of money, consolidation of your loans into a single personal loan is the best solution. In most cases, there are several solutions to help you with your finance.

Your chances to obtain a finance are much greater when enquiring with us than when enquiring with a single financial institution. The reason for this is that each financial institution has its own loan criteria and guidelines. If your loan application does not fit their guidelines it will most likely be refused. On the other hand we can match your loan application with the most suitable lender before we even submit your application.


 

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