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Debt Consolidation

DEBT CONSOLIDATION

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1

Overview

Managing multiple debts can be overwhelming – different due dates, high interest rates, and constant pressure on your monthly budget. We help you simplify your finances by consolidating your debts into one manageable loan, giving you greater clarity and much needed cashflow relief.

By using the equity in your home, you may be able to roll high-interest debts such as credit cards, personal loans, and car loans into a single loan at a lower, secured interest rate. This can reduce your monthly repayments, streamline your financial commitments, and create a clearer path toward long-term stability.

We help you compare lender options, understand the potential savings, and structure a solution that supports your long-term financial wellbeing. With clear guidance and a responsible approach, we ensure your consolidation strategy reduces complexity and helps you regain control with confidence.

This is not financial advice. It is structured financial guidance that supports your wellbeing and strengthens your financial position.

HOW DEBT CONSOLODATION HELPS

  • Improved Cashflow: High-interest debts can be consolidated into a lower-rate home loan, reducing your monthly outgoings.
  • One Simple Repayment: Replace multiple due dates with a single, predictable repayment that’s easier to manage.
  • Lower Interest Costs: Secured home loan rates are typically much lower than credit card or unsecured loan rates.
  • Reduced Financial Stress: A simplified structure can make budgeting easier and provide greater peace of mind.

HOW THE PROCESS WORKS

  • Review Your Debts: We total your high-interest debts and assess your current financial position.
  • Find the Right Loan Structure: We explore options to refinance your existing home loan or increase your current facility.
  • Pay Off Existing Debts: Funds from the new or adjusted loan are used to clear your outstanding balances.
  • Move to One Repayment: You’re left with a single consolidated home loan repayment, giving you a cleaner financial structure.

IMPORTANT CONSIDERATIONS
While consolidating debt often reduces monthly repayments, extending the debt over a longer home loan term may increase the total interest paid overtime. We provide a full comparison, so you understand both the short-term benefits and long-term implications before making a decision.

By combining multiple high-interest debts into one lower-rate home loan, your monthly repayments often decrease, creating immediate cashflow relief.

Credit cards, personal loans, car loans, store cards, and other unsecured debts can typically be rolled into a single home loan facility.

Yes – many clients use available equity to consolidate unsecured debts into a lower-rate home loan structure.

Often yes – repayments usually become lower and more predictable. However, extending the loan term may increase total interest over time.

A valuation is often required if you’re increasing your loan amount or refinancing to another lender.

Most consolidation applications are processed within 3-7 business days, depending on lender turnaround and document readiness.

You’ll generally need ID, income evidence, bank statements, and statements for each debt being consolidated.

Yes – while monthly repayments may reduce, extending unsecured debts over a longer home loan term can increase total interest paid. We help you compare both short- and long-term impacts clearly.

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Capabilities

  • Head office

    Suite 375, Level 2
    66 Victor Crescent
    Narre Warren, VIC 3805
    (By Appointment Only)

  • Contact info

    Phone: +61 439 001 500
    E-mail: team@scwp.com.au
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