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Debt Consolidation
Debt consolidation loans combine multiple debts into one manageable repayment. Can improve cash flow and potentially reduce overall costs.
Key Benefits
- ✓Single monthly repayment
- ✓Potentially lower overall cost
- ✓Improved cash flow management
- ✓Stop creditor pressure
- ✓Clear path to debt freedom
- ✓Fast approval process
Requirements
- •List of current debts
- •Security (usually property)
- •Income/servicing capacity
- •Clear purpose and benefit
- •Exit strategy
How It Works
1
Debt assessment and consolidation plan
2
Security valuation
3
Loan approval
4
Existing debts paid out
5
Single new loan established
Frequently Asked Questions
Does consolidation always save money?
Not always. Calculate total interest over the new loan term vs current debts to ensure it makes sense.
What debts can be consolidated?
Business debts, credit cards, personal loans, tax debts, and other commercial obligations.
Do I need property security?
Usually yes for significant consolidation amounts, though some unsecured options exist for smaller amounts.
Ready to Apply for Debt Consolidation?
Connect with private lenders who specialize in debt consolidation. Get responses within 24-48 hours.
Apply Now