Debt Consolidation.

(an "all in one" loan)

Debt consolidation gathers all your finances under the one umbrella and delivers significant savings. Home loan rates are generally lower than those of credit cards, personal loans, car loans or overdrafts. By combining all of these into one home loan you are reducing the amount of interest your pay...

Why pay extra interest when it's not necessary? When applying for a personal loan or similar the Banks don't suggest consolidating the smaller loan into your Home Loan.

Why? They are paid to make money for the Bank! AAA Mortgage Solutions work for you, the client and not the Bank, our advice is for your benefit.

Debt consolidation can free up your cash flow and allow you to get on top of your financial position.

We have many examples of successful debt consolidation.

Debt Consolidation - "Credit cards chasing credit cards"

Our client´s had ten credit cards from ten different financial organisations and due to the weight of their monthly commitments were being forced to "rob Peter to pay Paul" by drawing money out on one credit card in order to pay the minimum monthly repayment on the others.

They were getting to the situation that they were running out of credit and unable to obtain many more credit cards and about to hit the wall when they sought our assistance in obtaining a debt consolidation.

We were able to negotiate with a lender a debt consolidation utilizing the equity in their home, which allowed our clients to pay out and close all of their credit card facilities and their finances once again became manageable on their income, with one monthly payment.

Example:

			Per Month
	Credit Card $2,000 limit	14% interest	$100.00
	Store Card $1,500 limits	23% interest	$115.00
	Mortgage $100,000	8.5% interest 30 year term	$768.90
	Car Loan $15,000	12% interest 5 year term	$333.67
		TOTAL =	$1,317.57 Per/month

You may create a saving by consolidating all debts into one loan, and one low interest rate. The total loan is now $118,500 (@7.5%) over 30 years.

The repayments are reduced to $828.57 per month. This creates a reduction in payment of $489.00 per/month, releasing money for better quality of life.

* Terms and Conditions Apply

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