Debt Consolidation Loans

Options to Eliminate or Consolidate Debt The Australian economy may be healthier now however there are clouds on the economic horizon with the certainty of further interest rate rises and unemployment increases.  But this doesn't mean families or individuals are necessarily doing it easy as personal debt is at record levels. The personal debt to income ratio in Australia is one of the highest in the world – higher  than America and the UK (For every $100 we earn, [...]

Take Control of Your Finances with a Debt Consolidation Loan There is a type of financing arrangement that is extended to people who have multiple debts, allowing them to consolidate (or combine) all of their debts into "one" new loan. A Debt Consolidation Loan can be used to consolidate various types of personal debts however, the most common debt people experience is credit card debt. These people also hold multiple credit cards and they struggle with making their minimum monthly payments. [...]

Refinancing Your Home Loan can Help you take Control of your Finances Are your debts getting out of hand and you want to take control of your finances? If you have answered yes, you should consider the possibility of refinancing your current home loan and combining your multiple debts with a debt consolidation home loan (e.g. credit cards and other personal loans) into one home loan. How does the process of Refinancing My Home Loan to Consolidate My Debts [...]

Debt Consolidation Loans With the advent of COVID many Australians have been struggling with debt.  Debt comes in many forms, there are previous loan installments, bills, payments and obligations that have piled up and end up becoming debt.  One of the best ways to get out of the vicious cycle of debt can be by taking a debt consolidation loan. If you‘re considering a debt consolidation loan as a path forward, here are our expert tips for debt consolidation, [...]

What are the advantages of a debt consolidation loan? A Debt Consolidation Loan can be a way to make the payment of your debts easier to manage. Instead of making several monthly minimum payments in various accounts, this payment strategy involves obtaining a new loan to combine and cover your other loans or debts. Then you can pay all your debts with a monthly payment. It is a great solution to reduce the amount to be paid monthly, although [...]

How to Consolidate Your Debts To consolidate your debts with the aim of settling the arrears, people some times file for bankruptcy or Part 9 when they face financial problems. It is a general belief that all the problems can be got rid of quickly by this method. One must know that the credit rating under your name will be affected by this process. Debt Consolidation Loans with Bad Credit If you are burdened with a heap of debts, [...]

Take Control of Your Finances with Debt Consolidation Loans In this world of consumerism, with so many products and services that lure us all the day and night it imperative to fall into their trap. This might entail dismantling your budget. While to a few it may also mean borrowing a sum from the available lenders. The lenders will be happy to lend while borrower will be happier to buy the desired product or service. But one often forgets [...]