| Take control of your finances with debt consolidation | |
| Debt Management - Money Management Resources |
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Household debt in Australia has skyrocketed in the past 10 years, and with food and petrol prices continuously on the rise, there seems to be little relief in sight.We have found that many people are starting to turn to debt consolidation to help them take control of their multiple debts, credit card bills and personal loans.
What is debt consolidation? Debt consolidation is the process of rolling your multiple debts into one single loan – called a debt consolidation loan. Multiple debts could include your car loan, personal loans, credit cards and store cards. Keeping tabs on repayments for all your debts can become difficult and stressful, and when payments are missed, extra charges are incurred – usually at a high interest rate. A debt consolidation loan streamlines repayments into one, making it easier to manage your finances, and also as the interest rate is reduced, it puts extra money in your pocket. However, please note that a debt consolidation loan does not suit everyone and it is important that you speak to your financial advisor first to see if this option is best for you. Call 1300 55 10 45 to speak to our financial planner at Intellichoice to find out more about debt consolidation and how we can also assist you with budgeting and reducing debt. |
Many people have differing financial goals and financial planning can assist you in meeting those goals. Our financial planners aim to help with wealth creation through investments, super, salary packaging, budgeting and managing debt in a safe and cost-effective manner.
Our mortgage broker has access to over 35 mortgage lenders and 800 mortgage products. Speak to a mortgage broker today to find out how we can help you with all your home loans, business loans, bad credit home loans and debtor finance needs. 
Ultimately, what every investor is seeking is a strong return on their investment and you can be assured that any property in Australia that we recommend, have been selected on the basis that they offer you the best possible returns for your dollar.