Consolidate Your Debt
Did you know that you can consolidate your debt when you refinance your home loan? Consolidating debt is a great way to reduce your overall outgoing expenses and to free up cash for other spending or to simply save money that you would normally have spent on interest.
At Australian Credit and Finance, we help you to find the best refinancing option, and that include completing a mortgage health check. As part of that health check, we also look at your current financial commitments and if appropriate, provide you with recommendations around debt consolidation.
Benefits of Refinancing
There are many benefits associated with refinancing your home loan and one of those we’ve already mentioned is consolidating your debt. There are also other benefits that you might not be aware of:
- Access lower interest rates
- Consolidate personal loans and credit cards
- Access better home loans with more features
- Access funds to renovate or invest