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Debt consolidation loans · $10,000 – $150,000
One repayment instead of five
If you're servicing several debts at different rates on different dates, a consolidation loan replaces them with a single facility, one rate and one repayment schedule.
Consolidation makes sense when the new loan costs you less overall than the debts it replaces, and when the repayment fits your budget without strain. It is not a reset button, and it is not right for everyone — extending a short debt over a longer term can lower the monthly figure while increasing what you pay in total.
We look at what you currently owe, what each facility is costing you, and what our panel can offer against your profile. If consolidating doesn't leave you better off, we'll tell you.
What it typically covers
- Credit card and store card balances
- Existing personal loans
- Buy now, pay later accounts
- Car or vehicle finance
- Outstanding tax or ATO arrangements (case by case)
What you get from us
One schedule
A single repayment date and amount, set to your pay cycle — weekly, fortnightly or monthly.
Whole-of-position view
We assess every debt you're carrying, not just the one you called about.
Secured or unsecured
If you have an asset to offer, secured options generally price better.
Straight answer
If the numbers don't work in your favour, we say so rather than writing the loan.
Eligibility
What lenders look at
- You're 18 or over and an Australian citizen or permanent resident
- You have some regular income — from work, self-employment, superannuation, investments or a pension
- You're borrowing an amount you can service comfortably — most of our panel starts around $10,000
- You can comfortably meet the repayments alongside your existing commitments
Every lender on the panel weighs these differently, so none of it is a fixed cut-off — send the enquiry and we'll tell you honestly what is and isn't available. If money is already tight, the National Debt Helpline offers free, independent financial counselling, with nothing to sell you.
Enquire about debt consolidation
Two minutes. No credit check.
Rates and fees
What it costs
Unsecured
- Establishment fee
- $250
- Monthly fee
- $0
- Early repayment fee
- $0
- Repayment period
- 12 to 84 months
- Repayment frequency
- Weekly, fortnightly or monthly
Maximum comparison rate: 25.41% p.a.
Representative example. An unsecured loan of $30,000 over 60 months at 13.99% p.a. (comparison rate 14.37% p.a.), including the $250 establishment fee, means repayments of $703.71 per month and a total amount payable of $42,222.
Rates and examples on this page were last reviewed on . They are indicative of our lender panel and are not an offer of credit. Your actual rate depends on the lender's assessment of your circumstances.
Secured
- Establishment fee
- $195
- Monthly fee
- $0
- Early repayment fee
- $0
- Repayment period
- 12 to 84 months
- Repayment frequency
- Weekly, fortnightly or monthly
Maximum comparison rate: 19.30% p.a.
Representative example. A secured loan of $30,000 over 60 months at 10.99% p.a. (comparison rate 11.29% p.a.), including the $195 establishment fee, means repayments of $656.14 per month and a total amount payable of $39,368.
WARNING: The comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rates are calculated on a loan of $30,000 over a 5 year term.
Rates shown are the range available across our lender panel. The rate you are offered depends on your credit profile, income, the loan amount and term, and whether the loan is secured. Not every applicant will qualify for the minimum rate. All applications are subject to the lender's assessment and credit criteria.
Estimate
What would the repayments be?
- Total repayable
- $0
- Total interest
- $0
- Establishment fee
- $250
Estimate only. This is not a quote or an offer of credit. Figures include the $250 establishment fee and assume principal-and-interest repayments at the rate selected. Your actual rate is determined on assessment.
Common questions
Before you enquire
Will consolidating lower what I pay in total?
Only if the new rate and term genuinely improve on your existing debts. A longer term reduces the repayment but can raise the total interest. We show you both figures so the comparison is real.
Do I have to close my credit cards?
Most lenders on our panel will require the consolidated accounts to be closed or reduced as a condition of settlement. That's deliberate — consolidating and then re-running the cards is the most common way this goes wrong.
Can I include a car loan?
Often yes, though a secured car loan may already be priced better than an unsecured consolidation loan. We'll compare before recommending you move it.
Does enquiring affect my credit score?
Submitting the enquiry form does not involve a credit check. If you choose to proceed to a full application with a lender, a credit check is carried out with your consent at that point.
Get a straight answer
Tell us the position and we'll come back with what the panel can realistically do — including if the answer is no.
Start an enquiry