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Welcome to
Debt Consolidation Australia
ARE YOU :
- Unable to keep up with all your
repayments?
- Tired of daily calls from your
creditors?
- Afraid of losing your car or your
home?
- Contemplating bankruptcy?
- Feeling caught in an escalating
debt cycle?
Debt Consolidation Australia has
helped thousands of Aussies like yourself find their way out of a
financial nightmare. Why not let us help you Today!!!
Debt Consolidation Example
Paul and Silvia are the proud owners of a $450,000 home, 3 credit
cards, two car loans anda personal loan. Prior to consolidation, the
couple’s monthly repayment obligations were as follows:
|
Loans |
Outstanding Balance |
Interest Rate |
Monthly Repayments |
|
Home Loan |
$ 250,000 |
7.5 % |
$ 1847.48 |
|
Car Loan1 |
$ 30,000 |
9.0 % |
$ 622.75 |
|
Car Loan2 |
$ 9,000 |
11.0 % |
$ 200.20 |
|
Credit Card 1 |
$ 15,000 |
16.5 % |
$295.50 |
|
Credit Card 2 |
$ 10,000 |
14.0 % |
$196.95 |
|
Credit Card 3 |
$ 6,000 |
18.0 % |
$175.60 |
|
Personal Loan |
$ 18,000 |
15.0 % |
$428.22 |
|
Total |
$ 338,000 |
- |
$3,766.70 |
After debt consolidation the couple’s monthly payments
are reduced from $3,766.70
per month
to $2,497.79 per month.
|
Home Loan |
$ 338,000 |
7.5 % |
$2,497.79 |
…A saving of $1,269 each and every month…..
Debt Consolidation News
September 2, 2010, 7:30 amThe share of Australian home loans written by Credit union and building societies has grown by 10% to $50bn for the year to June 2010,
According to the Australian Prudential Regulation Authority, credit unions and building societies have earned a combined net profit after tax of 53.7%, while their total assets increased by ... August 30, 2010, 8:20 amRumors of a blowout in small business tax debts rated a mention in The Australian today. According to the story reported in the newspaper the tax obligations of small and medium sized businesses were at $8 million levels.
The ATO did not confirm the newspaper’s report and provided them with the annual data on ...
Debt Consolidation Articles
 Loan For Debt Consolidation - Things to Know Before You Get a Loan For Debt Consolidation
How
Does Debt Consolidation Work? The Truth Plus How it Affects You
How to Pay Off Credit Cards and Eliminate Credit Card Debt
The Hard Facts on Debt Consolidation
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