You’ll need to update your browser so you may continue to log on to your online banking from 28th February. Receive a free consultation to discover how you can save money relief. Debt Repayment Program – if somebody doesn’t qualify for a debt consolidation loan also is fighting to make their minimum payments, a debt repayment program such as a Debt Management Program or a Client Proposal might be an alternative.
Debt consolidation is bringing all your existing debts together into a new debt, which may help you handle your repayments and provide you a clearer picture of your financial potential. You can then complete a loan application so that your banker can see debt consolidation burlington exactly what your financial situation resembles. If, however, your financial situation is a bit more pressing, you can telephone our Customer Help Team on 1300 720 814 from 8am-9pm Sydney time Monday to Friday, and from 9am-2pm Sydney period on Saturday.
In case you’ve got several credit cards and especially if they’re high-interest cards another option would be to make a balance transfer either to a card with a lower rate of interest or, better yet, a 0% interest balance transfer card. Begin by listing all the debts you intend to consolidate — credit card, phone, medical bills, utilities, etc..
Get an estimate of your possible loan obligations. However, to ensure that you’re doing so properly and in accordance to your specific financial needs it is a fantastic idea to consult with an advisor who can assist by checking your current financial position to ensure that you gain from debt consolidation in both the long and short term.
It doesn’t cost anything to apply for financing in order to consolidate all of your debts. Disadvantages of Consolidating with a Debt Management Program. But, we aim to give information to enable consumers to understand these issues. SunTrust Bank and its affiliates don’t take fiduciary responsibility for all banking and investment account types provided.
Prior to applying for a private loan, please make sure you’re comfortable that you’ll be able to make the monthly repayments for the length of the loan term. You may also be able to take advantage of flexible repayment features such as being able to make additional repayments or having access to some redraw facility. However, if you would like to discuss your eligibility or choices, please get in touch with a creditor showcased above, or on this page.