DEBT CONSOLIDATION

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DEBT CONSOLIDATION


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

Australia wide service.

DEBT CONSOLIDATION

Unsecured loans
and secured loans.

DEBT CONSOLIDATION

Bad credit rating
and defaults are OK.


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 payment per month

Debt consolidation is the solution!


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

We offer two options for debt consolidation. 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 with existing mortgage.
Before debt consolidation 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 John's monthly payments are reduced from $2,682 per month to $1,049 per month. He is saving $1,633 each month.
Type of loan Remaining to pay Interest rate Monthly repayments
Home Loan $219,000 7.6% $1,633
Savings per month $1049     (Every month John has extra $1049 in his pocket.)



Example 2. Debt consolidation without a mortgage.
Before debt consolidation 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 $34,000  -- $885


After debt consolidation Susan's monthly payments are reduced from $885 to $756. She is saving $129 each month.
Type of loan Remaining to pay Interest rate Monthly repayments
Personal Loan $34,000 12% $756
Savings per month $129     (Every month Susan has extra $129 in her pocket.)

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Debt Consolidation

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