Debt consolidation | Mortgage Broker Wantirna, Ringwood & Mitcham
Why debt consolidation is so valuable
Part of the challenge of dealing with a number of smaller debts - like a car loan or credit card debt - is the need to make multiple repayments to different lenders at varying interest rates. That's where debt consolidation can help. Your debts might be smaller but when they carry big interest rates, these repayments and other late fees can quickly snowball. Debt consolidation allows you to roll your debts into one larger loan, whether a new personal loan or your current home loan.
With your debts streamlined into a simple loan, you can start to focus on making a single monthly repayment. In this way the debt pendulum starts to swing in your favour and you can begin taking measurable strides towards becoming debt free.
How our Mortgage Choice Wantirna team can help
Debt consolidation can definitely take some planning, which is why it's valuable to have an expert in your corner. Our debt consolidation team in Wantirna will review your current debts and interest rates, put together a personalised plan and then manage the application for your consolidated loan.
We can help you:
- Get a lower interest rate: When you roll your debts into one larger loan, it opens the door to lower interest rates and features. Our team will review the market, find a great low-rate option for you and do the work to get the loan to settlement. This could lower your regular repayments and provide extra cash to help pay off the new loan sooner.
- Have a plan to pay off your debt: While debt consolidation can provide an immediate strategy to help you gain control over debt, it doesn’t address the underlying problems. Our Mortgage Broker Wantirna team will review your finances and put together a personalised plan so that you can confidently start taking steps toward your next goal.
- Start planning for the future: So many of our debt consolidation clients are so focused on their current debts, they haven't thought about the future. But, once your debt is under control, it's time to start planning for your next goal - whether it's your first home, paying off your current home or a new business! Together - we will put together a plan for your next short, medium or long-term goal.
We're passionate about your finances
If you're not confident with your finances, it can mean you never move forward. Our team in Wantirna & Ringwood is passionate about helping our clients get a fair deal on their debt, and start paying it off so they can achieve their next goal.
Find out more about our teamWhat our debt consolidation clients say
"As always the team at Mortgage Choice has dealt with our remortgaging without any issues. They make the whole process effortless and provide constant updates without any need to chase them. Thanks guys!" (Andy, Wantirna)
Our debt consolidation service is free
We're able to offer our loan advice and support for free, as the lender pays a commission when your loan settles. It gives everyone access to fair, transparent advice about their debt consolidation journey from an expert team who truly cares about getting the best outcome.
Let's take your next step - together
We're here to give you the right advice and get you in control of your finances! Visit our office at Suite 3, 333 Wantirna Road in Wantirna or chat with our team by phone or video, no matter where you're located. We service clients in Wantirna, Ringwood, Mitcham, Glen Waverley, Rowville, Bayswater and right across Australia.
Book a no obligation appointment with Mortgage Choice Wantirna on 03 9432 5484 or contact us below.
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