Credit Card Debt Consolidation

Most people we talk to are struggling with credit card debt.  They contact us looking for credit card consolidation. The average Australian now owes $3,000 in credit card debt and that includes children and the elderly.  We can assist with consolidation for credit cards through a debt agreement or a range of option for you to manage debt.

Credit card debt consolidation accounts for over 50% of the lending done by most banks.   There are a number ways in which to do this. Credit card consolidation can be done through balance transfer. Credit card debt consolidation can also be done through personal loans and mortgage refinancing. If you have bad credit however consolidation for credit cards really comes down to non-loan options.

Debt Agreements and Personal Insolvency Agreements allow your debts to be pooled and for you to have 1 payment.  I discuss them here because if you have bad credit they may be options for you.

We do have people asking us if there are credit cards for bad credit.  Unfortunately there is not.  However if you can get rid of your credit credits your able to use your own money to pay for things you would formerly use your credit cards for.