Debt Consolidation

Will you be better off consolidating your debts?

If you are struggling to manage your debts, there may be benefits to have CoastFin review and roll them all into one consolidated and easy to manage loan.

Debt consolidation involves rolling all your existing debts into one loan. This may help you to better manage your repayments. Managing one fortnightly or monthly repayment can make it much easier to stay on top of debt and track your repayments and reduce fees.

By taking out a debt consolidation loan, you will begin to reduce your total debt unlike letting only the minimum repayment be paid each month like credit cards.

  • A potentially better (lower) interest rate
  • Repayments that are easier to manage
  • A means of providing a clear timeline outlining when you’ll be debt-free

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