5 Repayments Every Month? Try 1.
Roll your credit cards, BNPL, car loans, and personal loans into one simple repayment — often at a much lower rate.
No credit check • No obligation • 6+ lenders compared
Important Information
Esteb and Co provides credit assistance services. We are licensed credit representatives (ASIC Credit Rep #574070) who help you compare loan options from our panel of lenders. We do not lend money directly. All loan approvals are made by lenders, subject to their criteria and responsible lending assessments. Our service is free to you - we receive commissions from lenders. Read our Credit Guide
"I was paying $1,700 a month across 5 different debts. Now I pay $680. Same debts, one loan, half the cost."
"Credit cards, Afterpay, a car loan — it was overwhelming. They rolled everything into one payment and I can actually breathe now."
"I was embarrassed about how much debt I had. They made me feel normal and found a solution in 2 days."
How Debt Consolidation Works
Debt consolidation replaces multiple debts with a single loan — usually at a lower interest rate. Instead of juggling credit cards at 20%, BNPL fees, and personal loans, you make one repayment each month.
3 Simple Steps
We Add Up Your Debts
Credit cards, BNPL, personal loans, car loans — we list everything and calculate what you're currently paying.
We Find a Lower Rate
We compare 6+ specialist lenders to find a consolidation loan at a much lower rate than your current average.
One Loan Replaces Them All
One repayment. One rate. One due date. Your old debts are paid off and you deal with one simple loan.
Real Savings Examples
What Debts Can You Consolidate?
Typically 20-22% interest
Afterpay, Zip, Humm fees
Existing loans from banks/lenders
Vehicle finance repayments
Outstanding medical/dental costs
ATO payment plans
Can I Consolidate With Bad Credit?
Yes. Specialist lenders work with people who have defaults, low credit scores, or adverse history. Rates will be higher than mainstream but still significantly lower than credit card rates.
Your Path to Lower Repayments
Get approved with a specialist lender at a lower rate than your current debts
12 months of on-time repayments improves your credit score significantly
After 12-24 months, refinance to a prime rate for even bigger savings
Debt Consolidation FAQs
How much can I save with consolidation?
It depends on your current rates and total debt. Most people save $100-$800/month. Use the calculator above to see your specific savings. Credit cards at 20%+ consolidated to 8-12% can halve your repayments.
Will consolidation affect my credit score?
Short term: a new application creates an enquiry. Long term: having one manageable repayment instead of multiple debts actually improves your score — especially if you're currently struggling with repayments.
Can I consolidate with defaults on my file?
Yes. Specialist lenders consider people with defaults, low credit scores, and adverse credit history. Rates will be higher than mainstream but typically much lower than credit card rates. We compare 6+ lenders who work with impaired credit.
How fast can I get approved?
Many personal loan lenders offer same-day or next-day approval for consolidation loans under $50K. Larger amounts secured against property may take 1-2 weeks. We'll tell you the expected timeline upfront.
Is there a minimum or maximum amount?
Most lenders start from $2,000 for unsecured consolidation up to $65,000. For larger amounts, secured consolidation against property equity can go much higher. We'll match you to the right product for your debt level.
Debt Consolidation Savings Calculator
See how much you could save by rolling your debts into one loan.
Debt Consolidation FAQs
How does debt consolidation actually work?
We take your existing debts and find a single new loan at a lower interest rate. The new lender pays off all your old debts directly, leaving you with one repayment. Most people save hundreds per month because consolidation rates (8-12%) are much lower than credit card rates (20%+).
Is debt consolidation right for everyone?
Not always. If your debts are small (under $2K) or nearly paid off, it may not be worth the application. But if you have multiple debts at high interest rates and are struggling with repayments, consolidation almost always saves money. We will give you an honest assessment.
What documents do I need to apply?
Typically you need: photo ID, 2 recent payslips (or tax returns if self-employed), 90-day bank statements, and a list of your current debts. Some lenders can approve with less documentation. We will tell you exactly what is needed for your situation.
How quickly can I get approved for consolidation?
Many lenders offer same-day or next-day approval for consolidation loans under $50K. For larger secured amounts, expect 1-2 weeks. We will tell you the expected timeline upfront.
What if my credit score is very low?
Specialist lenders work with credit scores as low as 480. Even with defaults on file, there are options. The rate will be higher than mainstream, but consolidating at 12% is still much better than credit cards at 22%. After 12 months of on-time repayments, you can often refinance to a lower rate.
Can I still use my credit cards after consolidating?
Technically yes, but we recommend closing or reducing limits on old credit cards after consolidation. The whole point is to simplify your finances. Keeping old credit available creates temptation to re-accumulate debt. Many people find it helpful to keep one card for emergencies with a low limit.
Will I end up paying more in total?
Not if you choose the right term. A shorter term (2-3 years) at a lower rate almost always costs less in total than keeping multiple high-interest debts. We will show you the total cost comparison before you commit so you can make an informed decision.
Which lenders do you compare for consolidation?
We compare 6+ specialist personal loan and consolidation lenders including MoneyMe, Wisr, Pepper Money, Latitude, SocietyOne, and Harmoney. Each has different approval criteria, rates, and loan amounts. We match you to the one that fits your situation best.
How We Help You Get Out of Debt
Debt consolidation is simpler than you think. We handle the comparison and paperwork so you can focus on getting back on track.
Compare 6+ Lenders
We compare 6+ lenders to find the lowest rate for your credit profile and debt level.
Simple Process
We meet with you and your parents together to explain how the guarantee works, answer all questions, and ensure everyone is comfortable.
Savings Calculator
We show you the exact monthly and total savings before you commit — no surprises.
Ongoing Support
We handle the paperwork and coordinate with your old lenders to pay off existing debts directly..
Guarantee Release Planning
We create a roadmap for removing the guarantee as fast as possible through extra repayments and monitoring property value.
Ongoing Support
We stay in touch throughout the guarantee period and help you navigate refinancing or guarantee removal when the time comes.
Ready to Simplify Your Finances?
Roll all your debts into one simple repayment. See how much you could save in 2 minutes.
