Debt Consolidation Loans

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Need help choosing the right home loan?

Debt Consolidation Loans

At Pioneer, we specialise in working closely with customers who for a range of reasons have found themselves in financial difficulty. Our focus is to provide support through these challenging times in order to help customers achieve financial recovery and go on to achieve all their financial goals.

Debt consolidation can be an effective way of simplifying your repayments. Consolidating debt into an appropriate value based product has the potential to help you realise real savings that you could potentially be missing out on. This method of refinancing could also help you move to a new lender where you could get access to better features or even a better rate.

Consolidate my loans

Not a homeowner but still want to consolidate? Discover how a Personal Loan could help!

What is a Debt Consolidation Loan?

A debt consolidation loan is the process of consolidating multiple debts into one loan, using your existing home loan or a personal loan to refinance.

For example, let’s say you have a home loan with a rate of 4.5% whilst also having an outstanding credit card debt and car loan with interest rates of 20% and 8% respectively. Instead of making three repayments each month, a debt consolidation loan could allow you to package these debts into one repayment and in the process save money. Our commitment is to work with you to ensure that at the completion of the consolidation you will always be in a better financial position.

 

 

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Why is a Debt Consolidation Loan right for you?

If you feel like you are in a position where your monthly repayments are too large, are becoming difficult to manage, or prevent you from achieving your savings goals, debt consolidation could be the right solution for you. By combining outstanding debts like your credit card, car loan or even personal loan debts, you could enjoy the benefit of releasing financial stress by paying these off with a more manageable repayment amount.. Juggling fewer debts and repayments makes cash flow easier to manage while you focus on reducing your home loan. Debt consolidation isn't only for those who own a property. Did you know that you can consolidate multiple debts into a personal loan? Ideally, you could still be eligible to obtain a lower rate and take advantage of the monthly savings.

Debt consolidation isn't only for those who own a property. Did you know that you can consolidate multiple debts into a personal loan? Ideally, you could still be eligible to obtain a lower rate and take advantage of savings by restricting your debt into consolidated monthly repayments.

Benefits of debt consolidation:

  • Reduce your monthly repayments
  • Achieve your financial goals
  • Get access to a better rate
  • Stay motivated to get back on track
  • Work towards improving your credit score

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See what our customers have to say!

 

  • customer experienceJohn R, VIC
    I'd like to thank you for all the help you've given me. I know that I made it difficult for you at times but you handled it all very professionally. It was very helpful that you were so knowledgeable about every aspect of this process, including all the legal procedures.
  • customer experienceThe Conway Family, WA
    We would love to say a massive thank you for all the help and support you have provided in the purchasing of our lovely home. Buying a house is apparently one of the most stressful things you can do in a lifetime; well not in this lifetime thanks to you! We can honestly say that there was not one minute of stress and your efficiency, expertise and advice were second to none.

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