How does Debt Consolidation work?

The aim is to get debt-free sooner


Enquire online now!

Free assessment – no obligation

Are you a home owner?*

I have read and accept the privacy policy.

NO-effect-on-your-credit-fileNO effect on your credit file
no impact on your credit rating and obligation free enquiry

A Debt consolidation loan works by combining your debts into one simple repayment

We believe in giving you the best possible loan product to meet your financial goals. Our aim is to match your needs with the right debt consolidation loan. Our team of loan specialists have helped thousands of Australians worry-less about their credit obligations. It might seem like there isn’t a light at the end of the tunnel, but our debt consolidation process can help get your finances back on track. So, how does debt consolidation work?

How does debt consolidation work?

The process of debt consolidation is simple. It involves taking all of your current debts and combining them into one, easy to manage loan. This has many benefits, including lower interest rates, easier management of repayments, and many more.

But how does debt consolidation work? By tying all of your different debts into one big loan with new terms, you only deal with that one lender going forwards. Therefore, debt consolidation loans are a form of refinance. This means that you are still tied to a finance agreement, but it is far easier to manage than before and on new terms set by you. Find out how you can consolidate debt below.

4 Easy steps to consolidating debt

talk online or by phone

1. Enquire online in minutes

Fill out our quick and easy enquiry form, it only takes a matter of minutes. You will not impact your credit score in any way by completing our online form.

speak with a debt consolidation expert

2. Talk to a debt consolidation loan expert

Our experienced and caring team will contact you within minutes to assess your unique situation and match you with the best financial solution.

Review documents and sign contract

3. Upload your documents easily online

Easy paperwork. We’ve made it super simple to upload documents online easily and quickly using our secure platform.

explore your options for debt consolidation

4. Get debt-free sooner!

Once we’re engaged, those stressful calls, emails and letters will stop. We send a proposal to you out of debt as fast as legally possible with one monthly payment.

From the Debt Consolidation loan blog

best easter money saving tips
Saving Money

8 Best Easter Money Saving Tips

Discover the 8 best easter money saving tips here and have an awesome Easter without breaking the bank! From craft ideas to cheap easter outfits, we reveal all!

Read More »
what is debt negotiation
Debt Talk

What Is Debt Negotiation?

Are you drowning in debt? You could reduce & manage your debt with debt negotiation. So, what is debt negotiation? Find out here…

Read More »
how to save money 2020
Saving Money

How To Save Money 2020

2020 has been a year like no other. We’ve all had to adapt our ways of life. As money is tighter than ever, learn how to save money 2020 in this ultimate guide!

Read More »