Debt consolidation – Yes, I can get my debts sorted!
Struggling to keep up with credit card bills…hire purchase payments…store card bills…loans with other lenders…different due dates…different repayment amounts?
Then a Yes Finance debt consolidation loan can help you get sorted!
A debt consolidation loan simply means taking out one single loan to pay off several others. There are many benefits of rolling multiple debts into a single personal loan (‘consolidating’):
You’ll have one easy payment to look after, a fixed-term loan. This allows you to get rid of the credit and store cards that have no end date.
Most of the time your repayments are reduced – getting your loan sorted allows you to take control of your budget with an interest rate that in most cases is lower than you are currently paying
Interest Rates
Yes Finance interest rates vary from 14.95% p.a. to 29.9% p.a., and the actual rate charged will depend on many factors including the amount of lending, the term of the loan, size of the deposit, customer credit history and risk profile.
For more detail on fees visit our Standard Administration Fees and Charges
Online loan application
We have designed our online application to collect the smallest amount of initial information to enable us to do a quick assessment to see if we can help you.
If we can assist you we will ask you to complete a more detailed application.
Nobody likes filling in forms but the more effort and detail you put into completing the application the faster we can get back to you with an answer.
If you would rather us call you to complete the balance of the loan application we are happy to do that.
Debt Consolidation Calculator
Click to select
Estimated repayment
Minimum weekly repayment, based on interest rate of 19.9%, and includes establishment fee and monthly service fee
$0
Includes:
$0 Payment protection
$0 Principal + interest
These amounts are indicative only and calculated over a calendar year. The purpose of the calculator is to give an indication of amount you can borrow only. The amount on a loan may differ depending on your application assessment and insurances taken.
Interest Rates
Yes Finance interest rates vary from 14.95% p.a. to 29.9% p.a., and the actual rate charged will depend on many factors including the amount of lending, the term of the loan, size of deposit, customer credit history and risk profile.
Term of the loan
Yes Finance loans are generally on terms from one to three years. We will work with you to set a term that suits you and your budget.
Fees
An establishment fee of $240 for secure personal loan, $200 for unsecured personal loan, plus $50 for each additional borrower is charged for processing the application.
For more detail on fees visit our Standard Administration Fees and Charges