Debt consolidation means we bring together your debts in order to reduce your payments.
In the explanatory video we look at Bob. He’s typical of a lot of our clients. He has a home loan of $450,000, a car loan of $30,000 and a rising credit card debt of $20,000.
Each debt is paid separately and they all attract different rates. The home loan is the cheapest and the credit card debt is by far the highest, at nearly 13%.
Bringing his debts together and consolidating them under one loan reduces his overall payments. Finance and Loan can help a guy like Bob save $1,000s per year. That aught to put a smile on his face.