Debt Consolidation
We help lower your expenses. Combine multiple debts into one simple monthly payment with transparent and affordable repayment terms.
Multiple Debts Combined
Lower Repayments
Credit Cards
Consolidate high-interest cards
Personal Loans
Combine existing loans
Store Finance
Pay off buy now pay later
New Single Payment
One easy monthly payment
Monthly Savings
$965+
Lower Rate
9.9% p.a.
39+ Five-Star Google Reviews
“Very impressed with the service we received from Nathan at Loans 123. Professional, prompt and extremely knowledgeable of his product. Thanks Nathan would not hesitate to recommend you and the business.”
“Could not have asked for a better experience. Nathan is responsive, knowledgeable, and efficient at what he does. Now the second car loan through loans123 and won't be going anywhere else next time.”
“Massive thank you to Nathan at Loans123 for making my car purchase a seamless and positive experience. Your professionalism and great customer service was greatly appreciated. Highly recommend!”
How Debt Consolidation Works
Four simple steps to simplify your finances
Apply Online
Tell us about your current debts and financial situation in our simple application.
Get Approved
We assess your application and find the best consolidation loan for your needs.
Debts Paid Off
Once approved, we can pay off your existing debts directly to your creditors.
One Payment
You make one simple monthly payment at a potentially lower rate.
Calculate Your New Payment
See how much you could save by consolidating
New consolidated payment
per month
*This calculator provides estimates only. Actual rates depend on your circumstances and credit history.
Smarter Consolidating of Payments
Managing multiple debts can be stressful and expensive. Debt consolidation combines all your debts into one simple monthly payment - potentially at a lower interest rate.
Once approved, we can pay off your existing debts directly to your creditors. You then make one fixed monthly payment to us instead of juggling multiple bills.
This approach is cheaper than multi-loan agreements and results in increased monthly cash flow, especially with longer-term loans.
Debts You Can Consolidate
Credit Cards
High-interest card balances
Personal Loans
Existing loan repayments
Store Finance
Buy now pay later & store credit
Free Calculator
Use our online calculator to see how much you could save by consolidating.
Calculate NowLoan Protection
Optional protection against unexpected circumstances like illness or job loss.
Learn MoreDebt Consolidation Benefits
Simplify your finances with one easy payment
1
Single payment
Combine all debts into one monthly payment.
Lower
Interest rates
Potentially reduce your overall interest costs.
Fixed
Repayments
Know exactly what you pay each month.
More
Cash flow
Free up money in your monthly budget.
Protection
Available
Loan protection for unexpected events.
With no impact to your credit score
Is Debt Consolidation Right for You?
Debt consolidation works best for borrowers with credit scores qualifying them for lower interest rates than they're currently paying.
It suits individuals managing multiple monthly debts who want simplified repayment structures or interest savings.
Important: Debt consolidation should be more affordable than having separate credit agreements. If it doesn't save you money, it may not be the right option.
One Payment
Simplify your finances
Lower Rates
Potentially save on interest
Ready to Consolidate?
Apply Today
Our experienced brokers can assess your situation and find the best consolidation option for you.
We'll be upfront about whether consolidation makes sense - we only recommend it if it saves you money.
Call us on 1800 079 147 or apply online to discuss your debt consolidation options.
Frequently Asked Questions
Debt consolidation is when you combine multiple debts (like credit cards, personal loans, and store finance) into a single loan with one monthly payment. The goal is to simplify your finances and potentially reduce your overall interest costs.
Ready to apply?
Find out your rate and repayments in under 90 seconds
With no impact to your credit score