Debt consolidation in Gippsland | Sale, Traralgon, Warragul & surrounds
If you have multiple sources of debt like credits cards, personal loans or car loan - you might consider consolidating your debt into one low interest loan. It's a great strategy to save money and pay off your debts faster. Our team in Sale & Traralgon are experts at helping you take control of your finances.
Consolidating debt can make it easier to manage your debt by combining all debt repayments into one regular, consolidated repayment. As your smaller debts likely have higher interest rates, having one larger (and low interest rate) loan could potentially save you thousands in the long run. Not to mention the time you will save keeping up with the admin lots of smaller debt can bring.
Wherever you live in Gippsland from Sale, Traralgon, Warragul, Leongatha, Wonthaggi, Inverloch, Phillip Island, Trafalgar, Yarragon and surrounds, we would be happy to come and see you. Or you can visit our office at 285 Raymond Street, Sale Victoria.
The benefits of refinancing to consolidate debt
Your home loan is often a good choice for debt consolidation as it usually comes with the lowest rate of all types of credit. The downside is that you may be transferring a short term debt (like a credit card balance) into a long term loan (your home loan).
Paying a bit more off your loan each month is a sensible step to minimise overall interest charges. Find out more about refinancing your current home loan
If you're not yet a home owner, a larger personal loan to pay of your combined smaller debts is also a good option - there are some great low rate personal loans available.
How can Mortgage Choice in Sale help you consolidate well?
When you are struggling with managing your debt and need urgent help, it's easy to go for the first product offered by your bank. But chances are you could save money by shopping around. That’s where Mortgage Choice in Sale can help you.
Dane from Mortgage Choice in Sale will guide you through the debt consolidation loan process and help you understand all your options. Our Gippsland team remove the hassle and stress out of finding the right debt consolidation loan by doing all the research, paperwork and follow-up for you.
Some resources to help guide you
- Watch: our simple property & finance videos
- Do some basic sums with our home loan calculators
- Read our blog articles & tips
Let's chat about your next step
Our team in Gippsland are passionate about helping our customers take control of their lives and their finances! We will let you know if debt consolidation is the right move for you.
Our Gippsland mortgage broker are mobile and come to you when convenient throughout the Sale, Traralgon, Warragul and surrounding areas. Alternatively, we have a conveniently located shopfront at 285 Raymond St in Sale (near the clock tower). During COVID-19 Stage 3 restrictions, we can help you via video or phone.
Book an appointment with our Gippsland team on (03) 5144 3265 or call Dane directly on 0438 626 885.
We service the Gippsland areas of Sale, Traralgon, Warragul, Inverloch, Wonthaggi, Leongatha, Morwell, Churchill, Moe, Heyfield, Maffra, Rosedale, Bairnsdale, Paynesville, Lakes Entrance and surrounds.
