Debt Relief Services, Australia
Debt Relief Options
How does a debt consolidation loan bring debt relief?
A debt consolidation loan is the replacement of multiple loans and debts, such as credit cards, store cards, interest free loans and personal loans, with a single loan providing debt relief. The benefit of debt consolidation is that you only have to make one payment instead of making numerous payments at all different times of the month on each of your debts.
With a debt consolidation loan you can end up with a lower monthly payment, reduce interest and be out of debt faster while managing your finances more effectively.For example you may currently have personal loans, credit cards and store cards with outstanding balances totaling $26,000. The minimum repayment for these debts is say $781 per month. By consolidating all these debts into a single loan over a longer term, the amount you may have to repay could be reduced to less than $490 per month a saving of $291 each month.
Debt Control is currently helping people all over Australia to consolidate their unsecured loans, bills and credit card debts into one easy payment, while saving them thousands of dollars in interest and credit fees.Complete our form for fast debt consolidation now, so you can enjoy the financial benefits of debt consolidation and debt relief.
Debt relief via Mortgage Refinancing
If you have a property and are in debt or struggling to pay your existing mortgage, refinancing your property may be a debt relief option for you. Through mortgage refinancing we may be able to Consolidate your current debts into one convenient repayment, where you end up paying less per month than what you currently are.
Even if you fit into one or more of the following categories we may be able to assist you:
- Unpaid defaults
- Payments in Arrears
- Short-term employed or not employed long enough
- Discharged Bankrupt
- Been rejected by other lenders
Consolidating consumer debt into your mortgage can end up lowering your overall monthly repayments. This can provide debt relief and help people to manage their finances more effectively.
For example you may currently have personal loans, credit cards and store cards with outstanding balances totaling $30,000. The minimum repayment for these debts is say $790 per month. By consolidating all these debts into your mortgage, your overall debt repayments could be reduced considerably. If you would like one of our Consultants to contact you to discuss how a mortgage refinance may be able to provide you with consumer debt relief, please complete our fast debt consolidation form for a free consultation.
For fast debt consolidation complete our form above