Refinance / Consolidation Loan

Is Refinancing or Consoldiating for You?

In some circumstances there may be an advantage to seek a refinance or consolidation of your existing debts. This can potentially reduce your overall repayments commitments, interest and repayment time.

General eligibility for a consolidation loan includes:

• You must be employed full time
• The repayments of all loans to be consolidated need to be up to date
• Consistent repayment history over the last 6 months (statements as evidence)
• All credit cards within approved limits
• Clear credit file history (ie. no defaults, judgements etc)
• Security through a motor vehicle or property is advantageous

You may be able to reduce your overall repayments to a more manageable amount.

Refinance/consolidation loans may only provide a temporary cash flow relief. The amount you owe remains the same and there may be fees and charges involved with the new loan.

We can assist through our extensive network of franchisees and accredited brokers if this right for you.

Is this an option for you?

If so, contact us for a private and confidential discussion with one of our experienced and understanding franchisees.