Debt Consolidation Loans

Debt consolidation loans are a fantastic option for people who want to bundle several unsecured debts into one loan.  If you shop around you may be able to find a debt consolidation loan with a cheaper interest rate than your regular credit card.  Unfortunately debt consolidation loans are difficult to secure after the GFC (Global Financial Crisis).  Only people with strong financial credentials are likely to succeed with a Debt Consolidation loan.

At Debt Free we help people assess their financial credentials and we will be able to advise you if you are likely to succeed with a debt consolidation loan application.  If you have been refused a debt consolidation loan, don’t fear as we may be able to help you with another debt solution.  We offer a genuine free financial debt assessment.

Most of the large financial institutions offer debt consolidation loans but post the GFC they have strict application criteria.

If eligible, a debt consolidation loan can help you manage your finances as you will only have to make one payment instead of multiple payments. Subject to shopping around you may even be able to reduce your total interest cost which will help you start to clear your debt.

Most debt consolidation advice companies won’t lend you money and they will refer your application to a financial institution.  As such you are best placed to ask your debt consolidation advice company for an assessment to establish if you qualify for a debt consolidation loan. We offer a genuine free financial debt assessment, so call today for your free assessment or apply on-line 24/7.