Mortgages | Bonds | Home Loans | Refinancing | Debt Consolidation | New Business Loans
 
 
Home Debt Consolidation Credit Card Debt Loan Products Mortgage Bonds About us Contact us









Rating starstarstarstarstar
    more




 
   
  Debt Articles
 
Debt Consolidation Loans Good Debt vs Bad Debt
Debt Consolidation Loans Are your debts keeping  you awake at night?
Debt Consolidation Loans What Can You Do When Debts Start Spiraling?
   
  Debt Consolidation Articles
 
Debt Consolidation  Loans Types of Debt Consolidation Loans
mortgage broker Debt Consolidation Basics
Debt Consolidation Loans Is Debt Consolidation for You?
   
  Debt Free Living
 
mortgage broker Don't Get Into Debt Dilemma
mortgage broker Do You Really Need a Personal Debt Consolidation Loan?
Debt Consolidation, credit score Lowering Your Debt for Life
Debt Consolidation, credit score Debt-Free Living
   
  Debt Consolidation Advantages
 
Debt Consolidation, credit score Use a debt consolidation  loan to reduce debt
Debt Consolidation Advantages Debt Consolidation
 Advantages
   
  Debt Tips
 
Debt Consolidation, credit score How Can I Reduce My Debt?
mortgage broker Which Bills To Pay First?
Debt Consolidation Loans How to Reduce Debt
Debt Consolidation, credit score How to improve your  credit score
mortgage broker Characteristics For Consolidators
mortgage broker Low Maintenance Debt Consolidation Loans
mortgage broker Before You Take Out A Debt Consolidation Loan
mortgage broker How To Choose A Good Debt Consolidation Loan
   
  Budgeting
 
mortgage broker Budgeting & Debt
Debt Consolidation, credit score Budgeting
   
  Debt Consolidation Disadvantages
 
mortgage broker Are There Risks To Debt Consolidation?
mortgage broker Why a Personal Loan Won't Work For Debt Consolidation
Debt Consolidation Pitfalls< Debt Consolidation Pitfalls
   
  Mortgage Loan Debt
 
Debt Consolidation Pitfalls< Mortgages for debt consolidation
mortgage broker Reverse Mortgages for debt consolidation
   
  Debt Consolidation Calculator
 
Debt Consolidation Calculator Reduce My Debt Calculator
   
  Online Application
 
debt consolidation 20 Second Application
debt consolidation No Obligation Quote
   
  Information
 
mortgage broker Free Course by Email
mortgage broker Prequalify Myself
mortgage broker Free Reports by Email
mortgage broker FAQ
   
   
debt Low Maintenance Debt Consolidation Loans
 

Debt consolidation is the process of combining different loans (they may be of different types, with different balances, from different banks, with different terms, and with different Variable Percentage Rates or VPR) into a single loan. This requires applying for a new loan, using the  funds obtained from that loan to pay off the existing loans and then maintaining (i.e. keeping payments current) on the new loan.
 
Some would say debt consolidation involves too much work. It means tons of paperwork, negotiations, credit checks, and all other things that applying for a loan requires. Debt consolidation, furthermore, requires paying debt consolidation service charges. Are all the effort and the fees worth it?
 
Certainly; debt consolidation has many benefits. The following are only a couple of the major ones:
 
Low Maintenance
Debt consolidation means you only have one instead of several loans. This means easier maintenance of all your financial obligations. Just think about it. Which is easier: rushing off to pay three or four separate loans monthly – all with their own due dates and minimum balance requirements – or paying only one loan each month?
 
Debt consolidation means you will no longer have any difficulty keeping track of your loan obligations. You will no longer send a check mistakenly to Bank A when it was Bank B that needed urgent payment. Through debt consolidation, you only need to wait for one bill and mark one due date on your calendar.
 
Better Budgeting and Planning
Isn’t it difficult to stick to your budget when bills are always due? If you have several loans, you are probably dealing with multiple due dates. Perhaps one loan is due in the first week, another in the next, yet another in the third week, and one more in the last week. Meanwhile, your monthly salary only comes once or twice a month.
 
How then will you be able to pay off those bills that come too early (before your salary arrives) and those bills that come too late (when all your salary has been used up)? In this scenario, it will seem like you’re doing nothing but pay your bills; you will probably be even wary of using your money for other necessary expenses because you’re afraid you’ll run out of money by the time your next loan bills come.
 
If you consolidate your debts, you will only have one due date. Every month, you know that you need to pay “this and that” amount by “this and that” date. Since you need to make only one payment each month – and since you have a fair idea about how much the payment is going to be – it will be much easier to put aside a fixed amount of money for debt servicing and thus free the rest of your money for other necessary spending.

To apply for a debt consolidation loan you will have to fill out a short application form. You will then receive a FREE quote from well established, nationally recognized lenders. You do not need to decide now whether the debt consolidation loan is for you.

Just apply and compare the repayments to your current situation. There is no obligation on your part. If you decide that it is not for you, you simply do not have to accept the offer. You have nothing to lose and everything to gain.


20 Second Application
apply
 
 
     
  bot
home | blog | about us | testimonials | FAQs | contact us | our loan products | home loans | bond calculator
bond refinancing | bond application | debt consolidation | home improvement loan | 2nd bonds | business loans

RSS Feed | XML Sitemap | ROR Sitemap
Terms and Conditions, Privacy Policy, Copyright © 2007 Global Property Finance
Cape Town, South Africa. Tel: +27 086 110 6204