I want to consolidate my debts

You might have a few credit cards, perhaps a mortgage, a car loan and maybe a personal loan. Keeping track of all the different interest rates, conditions and payments is one great headache you don't need, and is probably more expensive than it needs to be. Putting all your debts into a single package (debt consolidation) is the smart solution.

How it works

• get a secured loan from an institution like MyRate
• use the funds to pay off all current debts
• start making regular repayments into the one easy-to-manage loan (bypassing the hassle and cost of managing several loans)
• because the loan is secured, you will pay a lower interest rate than on existing car/personal loans or credit cards

Debt consolidation with MyRate

• consolidate up to 4 unsecured loans and up to 5 credit cards
• one of the lowest rates in Australia
• no fees on standard applications*

Next steps

• See more tips on saving on your loan
• Calculate how much you could save by refinancing just the mortgage portion of your existing debt with MyRate
• Work out how much you can borrow with MyRate
• Make an enquiry or contact us