Consolidation Loans and Financing Options

Consolidation loans can be a great tool for helping you get on top of your debt, but they can also be confusing to navigate. At Entrust Finance, our team of professional and experienced financial brokers can help you decide if a consolidation loan is a good option for your current circumstances, explaining all the terms and negotiating the best rate possible. We are a team based in Brisbane and we believe in providing clear communication, tailored service and total transparency.

If you have questions about consolidation loans or would like to chat to a financial expert about your options, then get in touch with Entrust Financial today on 1300 846 810

What is a Consolidation Loan?

Consolidation loans are personal loans that are used to pay off several smaller loans, consolidating all your debt into one place. If you have a number of credit card debts, a car loan, ATO debt, repayments for purchased furniture or goods, or any other type of debt, then a consolidation loan may be a good option for you.

Consolidating your debt into one single personal loan can have a number of benefits – firstly, managing one monthly repayment will be a lot easier than several smaller repayments. You will also find that often the monthly repayment for your consolidation loan is lower than the total of all your smaller monthly repayments combined.

Is a Consolidation Loan Right for Me?

Like all financing options, there are pros and cons when it comes to consolidation loans. Depending on the sources of your outstanding debt, your consolidation loan will likely have a lower interest rate however a lengthier term may result in paying more total interest. If you are struggling to cover all your smaller repayments and the consolidation loan repayments are smaller, then this might be the necessary cost of easing some of the stress and getting on top of your debt.

When you consult with Entrust Finance, one of our brokers will help you weigh up the different financing options available to you, determining whether a consolidation loan is suitable for your current circumstances. We will then negotiate with lenders on your behalf, securing the best possible loan and interest rate for you.

If you would like more information about consolidation loans or would like to sit down with Entrust Finance to discuss your options, please get in touch with us on 1300 846 810

Why Choose Entrust?

Entrust Finance have three core principles that guide everything that we do: clear communication, tailored service, total transparency.

We understand that there is a lot of confusion in the finance industry as well as a lack of transparency from many brokers and lenders. This often drives consumers to jump on one-size-fits-all financing options that are often provided by banks or asset dealerships.

Our principles aim to rectify these issues – we provide clear, consistent communication for our clients, answering their questions and addressing concerns any time of day or night. We tailor our services to the individual requirements of each client, ensuring that we are able to negotiate the best financing option for them and we believe in total transparency, both from us as your broker as well as from the lenders that we deal with.