Debt Consolidation Loans bring relief

May 18, 2011

If you need to get urgent cash flow relief from the burden of high monthly debt repayments, then looking for reputable companies offering debt consolidation loans are the way to go.

The easiest and by far the least risky way to consolidate debt is through your home loan.  You’re probably wondering why I say it’s the least risky because you’re basically putting your house at stake?

I say it’s the least risk form of debt consolidation because often, opting for a debt consolidation loan by way of a personal loan can be a very expensive endeavor.

The idea is to reduce your interest and to reduce your monthly installments and most times a personal loan is much more expensive, not to mention the high interest.

Also, if you consolidate debt through your home loan you automatically have a much smaller repayment because the home loan is over 15 or 20 or 30 years and that will bring great relief monthly while you’re settling the debts.

Thereafter, you can use at least half of what you’re now saving on installments per month to make additional payments into your bond.  This way you reduce the term of your home loan and save on interest.

Debt consolidation is not ideal, but it does help you to manage your debt better and takes away the worry of high monthly debt payments.  Also, it gives you peace of mind knowing that you only have one debt to repay on a monthly basis.

If you are comparing debt consolidation loans and want more information or wish to apply, do not hesitate to contact us on

* information correct as per time of posting

Debt Consolidation and Home Loans…What are your Options?

May 11, 2011

Have you ever considered debt consolidation by means of a home loan?

Well, if you have, it really is the most cost effective way to consolidate debt.  Why?  Home Loans are currently at 9% and most credit cards are at around 18% and loans at 35%+ so as you can see, it’s half to three times cheaper than continuing on the course you’re on if you are paying off these types of debt.

Debt consolidation has helped many South Africans start afresh  and increase their monthly cash flow.

If you are interested in debt consolidation or applying for a debt consolidation loan contact today

* information correct as per time of posting