We understand that it can get a little worrying to have multiple credit card balances or loans from multiple providers. That’s why choosing a Latitude debt consolidation personal loan might be for you.
Debt consolidation allows you to have one easy-to-manage payment that comes straight out of your account, one loan amount, and one end date when your loan will be paid off. Having this certainty makes managing your financial future easier.
If approved, we will do all the organising to consolidate your debts, so you can breathe easier and take a break. This means we will:
- Organise the consolidation of your debts
- Pay your nominated credit providers directly
- Close off your nominated old accounts to avoid further debt.
So, am I eligible?
At a minimum, you will need to:
- be currently employed and have a regular income,
- be an Australian Permanent Resident,
- be at least 18 years of age.
- be able to demonstrate a good credit history for the last 5 years
- be free from bankruptcy for the last 7 years
Other credit and approval criteria will apply depending on your situation.