Debt Consolidation Home Loans

A simpler way to manage your debt

Debt consolidation is a way to simplify your debt by rolling multiple loans into a single secured loan. When correctly matched to your needs and situation, debt consolidation could help you:

  • Improve cash flow
  • Reduce account fees
  • More easily manage repayments
  • Simplify your finances

Apply with Rapid Finance and a loan specialist will investigate your situation to find a solution to help you reach your goal – whether that’s a way to reduce fees, pay out high-interest loans or lower overall repayments.

Speak with a loan specialist today on 1300 467 274

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What is Debt Consolidation?

Debt consolidation, also known as debt refinancing, is the process of combining multiple debts into a single, larger secured loan, usually with more favourable payoff terms like a lower interest rate, lower monthly payment, or both. This can make managing your debt easier because you only have one payment to keep track of instead of several. While this can simplify your finances and may reduce your interest costs, it's important to understand that consolidating your debt doesn't reduce the total amount you owe. The goal is to simplify your finances and make payments more manageable.

Is Consolidating Your Debt Right For You?

Debt consolidation solutions in Australia

From finding finance to collecting and reviewing documentation, our specialist consultants will do all the heavy lifting. As a Rapid Finance customer, you’ll benefit from these features:

Sooner is better than later, so let’s have a chat.

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Please note: This is an estimate provided for illustrative purposes only, and is based on the accuracy of information provided. It does not constitute a quote. Additional fees and charges may apply dependent on your individual circumstances. Fees such as early repayment costs and establishment fees are not accounted for in the examples of weekly repayments. Interest rates may be subject to change throughout the term of the loan.

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