Debt Consolidation Loan NZ: Get Financial Relief

If you’re planning to apply for a mortgage, reducing your debt is an essential step

A debt consolidation loan makes the process easier. Debt consolidation adds up all your current debts into one simple loan, making it easier to pay off your debt.

Having multiple debts to juggle puts you at risk of forgetting payments (and getting charged a penalty) and creates additional stress. Debt consolidation also reduces interest charges so that you can pay your debts off faster!

Get in touch with our team to talk about your plans and work out a strategy. We’re here to help, not to judge, and we’re always proud to see our debt consolidation clients get back on track.

Get in touch today or check out our handy online resources.

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If it's time to take control of your debts, we'd love to walk alongside you.

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Frequently asked questions

Can I make additional repayments?

Some lenders allow borrowers to make additional repayments on consolidation loans, potentially reducing interest costs and paying off the loan sooner.

Do debt consolidation loans get paid to you?

No, debt consolidation loans are used to pay off existing debts directly to creditors, not to the borrower.

How do you know if you need debt consolidation?

You may need debt consolidation if you have multiple high-interest debts, struggle to manage multiple payments, or want to simplify your finances.

How does debt consolidation work?

Debt consolidation works by taking out a new loan to pay off existing debts and consolidating them into a single monthly payment.

What is debt consolidation?

Debt consolidation is the process of combining multiple debts into a single loan with one monthly payment, often to simplify repayment and potentially reduce interest rates.