By consolidating all of your debts into one loan you can reduce the amount you are currently repaying. This is done by paying off all of your current debts in one go and then choosing to repay your loan over a period of time that suits you with repayments that you can afford.
You can refinance your home loan to consolidate your debts. In today’s environment, many of us find that we hold a number of loans at any given time. These may include a mortgage, car loan, personal loan, overdraft facility, in-store credit cards and standard credit cards.
Our experienced team can take the stress of dealing with your creditors away and help you to setup and manage a realistic budget you can afford, especially if you have been experiencing financial hardship.
If your financial situation requires other debt solutions, please contact Australian Debt Agreements to find out the best solution for you by calling us today on 02 9798 1580.