Make Your Debts
Easier to Manage
Let us find you a low rate loan to consolidate your debt into one.
900+ Google Reviews 4.8/5
Potentially Lower Rates
Easier to Manage
Save Money & Stress
Clearer Financial Outlook
Same Day Approval
Award Winning Broker Car Finding Service Online Broker Since 2007
Access to Lenders
Debt Consolidation & Loan Refinance
Juggling several repayments at once can feel stressful, especially when interest rates differ and due dates fall across the month. A loan for debt consolidation makes things easier by combining your existing debts into one new loan so you have a single repayment to manage. If the new loan has a lower rate than what you currently pay, you may reduce your overall interest and have a clearer path forward.
How Debt Consolidation Works
Many people turn to personal debt consolidation after unexpected expenses, job changes or financial pressure leave them managing multiple debts. An unsecured personal debt consolidation loan can be used to roll your credit cards, store cards, lines of credit, car loans or other personal loans into one new repayment.
The process is simple. You take out one loan large enough to pay off your existing debts, leaving you with only one repayment each week, fortnight or month. If the interest rate on your new loan is lower than the rate on your current debts, especially high interest credit cards, consolidation may help you save money while reducing stress.
Debt Consolidation Checklist:
Before choosing debt consolidation loans, it is helpful to review a few details so you can see whether you will be better off:
Check the interest rates of your current debts.- Find out the payout figure of any loans or credit cards you want to close.
- Check if any fees apply for closing existing accounts.
- Speak with a finance specialist to understand what rate, loan term or loan amount you may be eligible for.
Support From Experienced Debt Consolidation Lenders
At 360 Finance, our team works with a wide network of debt consolidation lenders to help you compare options for your situation. They look at your repayment goals, your budget and the debts you want to combine. Whether you want a simple personal debt consolidation loan, or you are looking to explore secured debt consolidation loans, they explain your options clearly so you can choose what suits your plans.
Approval can be fast, and many customers receive an instant debt consolidation loan decision on the same day once the required information is provided. This can help you move from multiple repayments to a single structured plan sooner.
If you are exploring finance options across different areas of your life, you can also visit our pages for car loans, motorcycle finance, boat finance, equipment finance and more.
We Work with the Most Trusted Aussie Lenders
Our lender network allows us to secure the best rates for you, every time.
See Why Customers Choose 360 Finance Again and Again
"...This is the third consecutive time I have got finance through 360 and once again they didn't disappoint..."
We believe in long-term relationships, not short-term transactions. With access to some of the lowest finance rates in the industry and 360-degree wraparound customer service and support, it's easy to see why customers keep coming back when it's time to upgrade.
Apply today with Australia's trusted online broker since 2007
Benefits of Debt Consolidation
Potentially Lower Rates
Combining high interest debts into one loan may help you access a lower interest rate, especially if you currently have credit card balances.
Easier to Manage
One repayment schedule is often easier to manage than multiple due dates across the month.
Save Money & Stress
A single loan and a clearer rate structure may help reduce interest costs and simplify your budget.
Clearer Financial Outlook
A loan debt consolidation plan makes it easier to see where you stand and how to move forward.
Stress-Free Finance for Every Purchase
"...Brock Simpson did an incredible and very professional job. He made the entire process so easy and stress-free."
Getting the things you want shouldn't be stressful. At 360 Finance, we take care of everything, so you can worry less and live more, knowing you're supported by a knowledgeable and experienced team.
Apply today with Australia's trusted online broker since 2007
Not sure how much you can borrow?
Get your quote now. It's fast, easy, and will not impact on your credit score!
What are my repayments?
How much can I borrow?
At today's lowest finance rate of 6.24%, you'll pay approximately...
per week
At today's lowest finance rate of 6.24%, you could borrow up to...
What Makes Us
Different?
Come for the rates. Stay for the service.
Debt Consolidation FAQs
What is a debt consolidation loan?
A debt consolidation loan is a new loan used to pay off several existing debts so you only have one loan to manage.
What debts can I consolidate?
You can usually combine credit cards, personal loans, store cards, car loans and other unsecured debts. A specialist can confirm what applies to your situation.
Does consolidation save money?
If your new loan has a lower interest rate than your current debts, consolidation may reduce the total interest you pay.
Is a secured or unsecured loan better?
Secured debt consolidation loans often offer lower rates but require an asset. Unsecured options suit customers who prefer not to use security.
How quickly can I be approved?
Will consolidating debt hurt my credit score?
Do I need to close my old accounts?
Can I choose my repayment frequency?
Can I refinance an existing loan I already have?
Start Your Debt Consolidation Quote
If you want a simpler way to manage your repayments, the 360 Finance team can compare personal debt consolidation loan options and help you understand what you may qualify for. You can request a free quote online. It is fast, easy and does not affect your credit score.
Useful Articles
-
Full-Doc vs Low-Doc Finance in Australia: How Businesses Can Fund Vehicles & Equipment in 2026
In 2026, Australian businesses are operating at a faster pace than ever before. Opportunities to secure new vehicles, machinery, or equipmen...
-
Car Loan Repayments Explained: What Every Borrower Should Know
Car loans can be a practical solution if you’re looking to purchase a vehicle but don’t have the funds to pay for it upfront. They allow...
-
Is Caravanning part of your 2025 plan?
If caravanning is in your plans for 2025, then we have the guide to help you research the best options available to suit your budget and tra...
-
How to save on your car loan
If you’ve applied for a 360 Finance car loan, you may want to find ways you can save on the total costs in the long term, or simply make ...
-
How much should you save for a car loan deposit?
With numerous costs and fees involved with a car loan, you may be wondering whether you need a deposit, and how much that deposit should be...
-
6 ways to lower your debt
If you’re planning on buying a new car, something you should first consider is your existing debt. When getting a car loan, as well as...
-
10 commandments of building an emergency fund
When it comes to financing, you want to feel secure enough that if something unexpected crops up, you have the money to deal with it, witho...
-
How does car loan interest work?
When taking out a car loan, as well as making regular repayments to pay off the loan amount, you also need to pay interest on the loan. ...
-
Everything you need to know about business car loans
If you’re looking to invest in vehicles for your business, there are numerous options for business car loans. These include a chattel mor...
-
An easy-to-understand guide to novated leasing
When buying a vehicle, there are several financing options to help you afford the vehicle you need. Car loans can be a good option for m...
-
5 things to know about car loans before applying
Car loans can be a great option for people who need help buying the car they need. It offers a more affordable way of purchasing a vehicle ...
-
Top 10 caravan gadgets and upgrades
With international trips on hold for a while, there has never been a better time to explore our backyard. Australia is well known for it...
Dreams Aren't Free, But They Can Be Affordable
"Yass helped me get a loan for my dream car...Very upfront and honest and got everything processed in 3 days."
Make your dreams a reality. At 360 Finance, our team does everything they can to help you secure your dream car quickly and in a way that works for your budget.
Apply today with Australia's trusted online broker since 2007