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Consolidate debt with a personal loan
We offer a range of personal loans that may be an option for your debt consolidation.
What are the benefits of consolidating my debt?
Should you get a debt consolidation loan? These are some benefits to consider before you decide if placing all your debts into the one loan is the right choice for you.
Less paperwork
You'll receive only the one set of statements.Convenience
Deal with only one vendor.Easier budgeting
Budget for the one loan repayment date per month, rather than several loans on different dates.Better understanding
Have a clearer idea of when your loan/s will be paid off.Possibility to be debt free sooner
You could become debt free sooner by reducing your interest rates and repayments.
How do I consolidate?
To consolidate your existing debts means to take out a new loan, which would be your debt consolidation loan that combines all loans together. People's Choice offers a range of personal loans that may be an option for your debt consolidation.
What is refinancing?
Refinancing your home means replacing an existing home loan with a new mortgage.
If you're finding your current home loan isn't suitable for a number of reasons, from a fixed term loan ending to wanting to reduce your repayments, you can refinance and acquire a home loan suitable for your situation.
Here are some reasons why you may want to refinance your existing home loan.
You want to consolidate your debts
Put all your debts in one place and manage your finances easier.You want to reduce your home loan repayments
You may get a better interest rate by refinancing, which would reduce your home loan payments.
Your fixed term loan is ending
If you have a fixed home loan that's coming to an end, you may want to refinance.
You're planning to renovate your home
Our Home Loan Advisers can help you choose from a variety of renovation finance options.
Your circumstances have changed
Your existing loan may not be suitable anymore.
Related articles
Six reasons to consider refinancing your home loan
Reasons why you should review your home loan and consider refinancing.
Tools and calculators
Personal loan calculator
Our personal loan calculator lets you see how much time and interest you could save with extra repayments.Extra repayments calculator
Our extra repayments calculator shows you how much time and interest you could save by making additional mortgage repayments.