Debt consolidation

Take the juggle out of debt with one simple loan. Competitive interest rates, fast approval and tools to help you reduce debt faster. Better borrowing for a better future.

6.95% - 10.95% p.a.

Interest Rate Range - disclaimer: The actual interest rate charged to you will depend on your personal circumstances, the type of lending required, the security provided and is determined by the lender. Standard lending criteria, terms, conditions and fees apply, including an establishment fee of up to $995 applies.

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Our benefits

Take charge with debt consolidation

Low Fixed Interest Rates

From the least to the most you could expect to pay, we tell you straight away. No hidden rate ranges. No surprises.

Debt Reduction Support

Only at better - tools to help you pay your consolidated debt off faster, and save on interest costs. Use our calculator below.

Save on Interest Costs

The better way - Make lump sum payments when it suits you. Pay off your loan faster and save interest. That’s better borrowing.

Have a question or two?

Being better informed makes for better decisions.
Check out our handy FAQs and get in touch if you’d like to know more.

Expert debt restructuring

Juggling debt can be stressful and costly. At better, our team of lending specialists will take the time to talk with you about what you want to achieve and help you design one simple loan to get there. We’re here to help you turn difficult debt into one manageable loan, with one repayment and one interest rate. Get back in the driver’s seat of your debt management.

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We’re minutes fast.
We keep it breezy

We built our approach with you, and your time, in mind. If you’re looking for a fast approval decision, we can have an answer in minutes. Plus, at better there’s no need to email bank statements or copies of your ID - our smart tech does the work for you, saving you time and hassle. From our quick three-minute application, right through to transferring the funds, we’ve got your time in mind.

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We champion
better-borrowing

We took a good look at lending, and came up with something better.

Like to pay off your car loan faster? We’ve designed loan features to help you do just that. Like to know what you’re signing up for with no hidden surprises? That’s how it should be. And like to put your money on principle and interest, not a long list of ongoing fees? We agree – there’s no ongoing fees with better; not one.

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What can we help
you make happen?

Big goals, personal possibilities and everything
in between. How can we help you?

  • Apply in three minutes
  • Fast application decisions
  • Smart loan features to help pay off debt faster
  • No deposit finance available
  • Leading low interest rates and no surprises
  • Funds transferred in less than 24 hours
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FAQ

Debt consolidation - the details

Being better informed makes for better decisions. Have a question or two? Check out these helpful FAQs or get in touch with the team.

Can I consolidate existing debt into my new loan to have one payment?

Yes. Debt consolidation loans are very common and are a great way to help people budget better, get on top of their outgoing payments and pay off debt faster and usually at a combined lower rate of interest.

How much can I borrow?

Our minimum loan amount is $3,000 and maximum is $100,000. How much you can borrow within this range depends on your personal circumstances and affordability. It’s important to borrow only what you need and to ensure you can comfortably meet your repayment obligations for the term of your loan. Our team is expert at helping you determine your personal borrowing sweet spot.

How long does it take to approve the loan?

We work hard with our clients to collect all the right information up front before we assess the application. Helping us to approve loans faster, usually within the hour.

What are repayments and what is the frequency?

The repayments of a loan are determined my a couple of factors. Mainly amount borrowed, interest rate and the term of the loan. We have a great calculators for you to run the numbers and see how these factors can suit your budget.
Repayments can be made weekly, fortnightly or monthly via direct debit.

How do I repay my other loans that I am consolidating?

For a debt consolidation loan, we will request for a full settlement statement for all of the debts and credit cards that we are repaying with the new loan. We will pay the finance company directly so you don't have to remember to do so.
It can take a few days for finance companies and credit card companies to allocate the payment to your account to close it on their system.

Have a question? We’re here to help

Our 20+ strong team are better-borrowing champions – we’re for any questions, big or small.

Or request a call here:

One of the team will call you asap within business hours

1.* Rates of 6.95% subject to lending criteria and eligibility. 1 hour approval and same-day payout subject to the applicant meeting the lending criteria and supplying all the required information to process the loan application.
2. Our lender will independently assess whether you are eligible for a loan. We don't provide advice on whether a particular car loan offered by a lender is suitable for you.