Debt problems can be solved quickly and easily by consolidating your existing debts into a debt consolidation loan.
Debt consolidation is the process of taking two or more loans and combining them into a single loan (a ‘debt consolidation loan’) that can help you save money by reducing the amount of interest you pay, reduce repayment periods and improve personal cash flow. Debt consolidation also makes your life a little easier by giving you one easy-to-manage repayments. Debt consolidation loans can pay off your credit cards, personal loans and even your home loan, and provide you with greater financial freedom, and is one less thing to worry about. Debt consolidation loans are suitable for everyone and you do not need a mortgage to do this.
The benefits of debt consolidation loans, are that they offer a lower interest rate, reduce your monthly payments and there is only one loan to worry about.
The friendly staff and consultants at Dream Street can help and advise you on, the best consolidation loan interest rates, features and help you choose the best consolidation loan to suit your needs and lifestyle. They can answer any other general questions that you may have.
The solution to debt consolidation loans is:
one loan + lower interest rate + smaller monthly repayments = save money.
| Feature | Details |
|---|---|
| Loan Amounts | $50,000 to $3,000,000 Minimum of $25,000 in combination or split |
| Interest Rate Type | Variable rate only |
| Term | 10 to 30 years |
| Repayment Type | Principal & Interest (amortising) or Interest only up to 5 years |
| Combinations and Splits | Can split advantage rate up to 4 accounts (will consider more) or combine with Fixed rate. |
| Repayment Options | Direct Debit either monthly or fortnightly. Salary crediting, Internet or telephone transfer repayments |
| Additional Repayments | Variable rate only |
| Redraw Facility | Variable rate only |