If you have multiple debts from various creditors such as a mortgage, personal loan, credit card or other high interest unsecured loans, and you are having trouble paying these off, then it could make sense to roll these unsecured debts together with a debt consolidation mortgage.
Debt Consolidation Loans
When we consolidate all your unsecured debts into a new mortgage our fees for Debt Negotiation are based on how much we save you and are paid from these savings at settlement of your mortgage refinance. We are a team of professional and experienced credit advisors and debt negotiators.
Our debt negotiation services are not like the majority of our counterparts who charge fees upfront, we do not form a formal debt agreement and our activities will not be noted on your credit file and will have no adverse effect on your credit file.
All of our Consultants and Brokers are licensed to give credit advice and have completed Certificate IV and a Diploma in Financial Services.
Debt negotiation is a basically a negotiation between two persons to settle their debts at a rate that are mutually beneficial to both the creditors and debtors. The debt level is reduced to a noticeable figure, while the creditors receive payments they may not have received otherwise. Ideal debt negotiation suits all the parties.
Benefits of Debt Consolidation
Here are some of the benefits of Debt Negotiation that you might not be aware of. Debt negotiation can lessen the burden of the total debt amount that you have to pay. In most cases, this amount is less than 40% of the original unsecured debt, which can end up saving you quite a lot of money in the long run.
Affordability is the built-in benefit of debt negotiation. The debtor will have lower monthly repayments while the creditor gets a debt off their books.
It is important to deal with a Consultant that has several options and is experienced in dealing with both Debt Consolidation Loans and Debt Negotiation. You can call us at 1300 791 329 and talk to our friendly staff or you can fill out our online form to contact us.