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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
January 17, 2012, 2:09 amPersonal bankruptcy activity declined in the December 2011 quarter by approximately 4%.
During the December quarter 7689 people either became bankrupt, or entered Part IX debt agreements or Part X insolvency agreements.
According to the latest information provided by ITSA (Insolvency and Trustee Services Australia) there were 8012 individuals declaring bankruptcy or entering some kind ... December 14, 2011, 3:12 amAUSTRALIANS are expected to spend $27.4 billion this December in an annual Christmas shopping ritual, but most will avoid using credit cards whenever they can.
Credit card balances in Australia had fallen to $49.11 billion for October, the fourth monthly decline in credit card use since 1985 when statistics on credit card use began ...
Debt Consolidation Info
 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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