A lot of Australians out there have more than one debt. For example - have high interest credit cards, car and personal loans.
If you own a home, you can consolidate all your high interest loans into your Home Loan with one inexpensive and affordable fortnightly payment with low interest, using your property a security.
It is amazing how much money you can save by doing this simple thing, and use these extra funds you suddenly have to pay extra payment to the principal of the loan and save years of repayments.
Let one of our professionals consultants help you achieve this.
You can also use our calculator to see how much you can save.
The first step to overcoming a debt problem is recognising it:
Recognising a debt problem is the first step to overcoming it. If worries about your credit cards and loans are keeping you awake at night, you maybe already know that you're in debt over your head.
If you've been cruising along, switching credit cards and happily spending, you may not realise that you're on your way to a dead end.
If you find yourself in any of these situations below, think seriously about addressing your debt:
- You are routinely spending more than you earn.
- You are making only the minimum payment required on your credit cards.
- Your credit limit is maxed-out on most of your cards.
- You are unsure about what you owe or what may be on your credit report.
- You are putting off payment on some bills so you are able to pay others, or you use cash advances on one credit card so you can make payments on another.
- You often argue with your partner about money, or you're afraid to discuss money with your partner at all.
- You feel panic if you have a sudden unexpected expense.
- You owe more money on assets than they are worth, eg. your car.
- You receive calls from creditors about overdue debts.
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