Credit card debt consolidation

Get ahead with a credit card consolidation loan


        
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Control debts, save money, reduce stress

At Debt Consolidation Australia, we believe that finance should be simple. Our goal is to save you time, stress and money. And this is all achievable through credit card debt consolidation.

When you apply with us, it has no implication on your credit file, so you can apply with confidence.

Consolidate credit card debt and reap the rewards

credit card debt consolidation family

Do you feel overwhelmed with debt repayments? Keeping up with multiple loans can be tough. It’s so easy to forget to make a payment or to fall behind. The problem is, that as soon as you slip up it can be hard to catch up again, not to mention the damaging effect missing repayments can have on your credit history. Fortunately, there is a simple way of managing credit card debt in the form of credit card debt consolidation.

Imagine being able to combine all of your debts into 1, easy to manage loan repayment. A loan repayment with 1 interest rate that is lower on average than your current rates. And to top it all off, no more nagging calls from creditors. Too good to be true? Think again.

We have helped thousands of Australians to take control of their finances. With over 30 years of finance experience, our specialist team is trained to tailor credit card debt consolidation to suit your needs.

What is credit card debt consolidation?

Credit card debt consolidation is the process of combining all of your debts into 1, easy to mange repayment with 1 fixed interest rate. Here’s the process:

david credit card debt consolidation

David has 4 separate credit card debts

credit card debt consolidation card

Loan amount: $12,000

Repayment term: 3 years
Interest rate: 14.5%

credit card debt consolidation card

Loan amount: $7,000

Repayment term: 5 years
Interest rate: 22%

credit card debt consolidation card

Loan amount: $4,000

Repayment term: 2 years
Interest rate: 18%

credit card debt consolidation card

Loan amount: $17,000

Repayment term: 6 years
Interest rate: 15%

stressed due to credit card debt

David is stressed. He often forgets to make repayments on time and he struggles to keep up with the high interest rates.

creditor hassling david

David keeps receiving calls from creditors. He feels trapped.

david calls debt consolidation

David speaks to Debt Consolidation Australia

credit card debt consolidation
debt consolidation wall
david combined his credit cards into one payment with a fixed term of interest

Thanks to credit card debt consolidation, David was able to consolidate his credit card debt into one lower interest-rate on a repayment term chosen by him and now faces no more calls from creditors.

How does debt consolidation work?

Debt consolidation is a loan that is used to clear multiple credit obligations. By incorporating all of your repayments into one simple monthly payment, your debt is generally paid off quicker. This saves you time and money. More importantly, you don’t need to worry about creditors hassling you on the phone or letters. We take the stress away from you so that you can get back to planning a bright financial future.

Our lending criteria isn’t as strict as the main banks in Australia. Our team of loan specialists have been dealing with debt consolidation and negotiation for over 20 years. We assess each case individually, making sure that our financial solutions are a perfect match for your financial goals. If the banks have denied you, we can offer workable options. 

Can I consolidate credit card debt?

Yes! In fact, you can consolidate almost any kind of debt, including:

Credit card debt consolidation is a great way to take control of your finances. It’s very easy to lose track of your repayments. Sometimes it can feel like you’re drowning. But this is why Debt Consolidation Australia is here with solutions for you. Credit card repayments are so confusing. So many numbers and percentages, yet no clear payment structure is ever communicated to you.

Debt Consolidation provides transparency, clarity and structure to your finances. You can sleep easy with clear repayment plans, on your terms, communicated to you efficiently by our expert team.

If you choose to consolidate credit card debt into one loan, then it comes with many advantages and opportunities. However, before proceeding with a debt consolidation loan, it is important to understand all the facts. Moneysmart.gov have an excellent article outlining what to look out for.

happy man credit card debt consolidation

Do Consolidation loans hurt my credit?

As long as you make repayments on time and don’t miss repayments then credit card debt consolidation loans can actually boost your credit rating! Proving that you are capable of making repayments on time looks great on your credit report.

Juggling multiple loans is a disaster waiting to happen since it is so difficult to manage different repayments with different terms at once. For this reason, many people fall behind on repayments and consequently, their credit report takes a hit. However, having 1 single repayment plan in place with Debt Consolidation makes keeping on top of payments much easier. So, is it a good idea to consolidate credit card debt?

With some lenders, such as banks, your credit rating may take a minor setback at the initial point of applying for a debt consolidation loan. This is because many lenders put a credit inquiry on your credit report when you first apply for a loan. BUT, the good news is:

DEBT CONSOLIDATION AUSTRALIA DO NOT PERFORM CREDIT CHECKS. Applying for a loan with Debt Consolidation has no effect on your credit file.

Why choose a non-bank lender for credit card debt consolidation?

In addition to the points above, Debt Consolidation Australia offers highly competitive rates and terms. If you would like to consolidate credit card debt, then first learn how much money you could save with our debt consolidation loan calculator tool.

How Can I Get a debt consolidation loan?

The best way to find out if you can consolidate credit card debt is to enquire here. It has zero impact on your credit rating and there is absolutely no obligation. One of our team will be in touch with you within 24 hours. Our loan specialists will take a look at your situation and determine whether we can help to meet your needs. From here, you could receive financial support within 24 – 72 hours if you qualify.

The credit card debt consolidation process

apply for debt consolidation loans online online

Fill out the enquiry form

It takes just 30 seconds.

Receive a call from an expert within 24 hours

A loan specialist will be in touch

Usually within 24 hours.

Debt Consolidation will let you know very quickly how we can help and advise you of your debt management options

We will make a decision

This is a speedy process

easy repayments

Receive funding if accepted

Usually between 24 – 72 hours