Debt Consolidation

Debt Consolidation

We understand that sometimes things get out of control, or you find yourself in a situation different to what you had planned.

Consolidating debt can help you catch up, get ahead and gain control of your finances again. Whether it’s car loans, credit cards or interest free purchases that are now incurring interest, these can all be added to your home loan.

We can do this by consolidating it into your home loan. This is usually a separate loan to your main mortgage, so it’s not extended over 30 years, and is typically for 10 years or less. This puts you in a position to pay it off at typically a much lower interest rate, gives you breathing room, but ensures you pay off the debt over a smaller amount of time, instead of adding it to your mortgage and extending the debt over 30 years.

If you want more information, contact one of our experienced finance brokers today 1800 955 752 or email contact@cgiofinance.com.au

Make an enquiry