Credit Card Debt Consolidation Solutions

Many Australians are looking at credit card debt consolidation as a viable way to handle their debt problems. These days it is quite common for people to have thousands of dollars in outstanding balances on multiple credit cards, loans and even home loans.

Most credit card companies are charging huge interest rates, and passing those charges on to you, because of high balances, and if you are late, the charges keep racking up. These rates are over and above the cash rate that has been set by the Reserve Bank of Australia, and – if you are not able to pay your entire balance monthly, you will end up paying these high interest rates and finance charges, and sink further into debt, because most of your monthly payment will go to paying their fees and interest, and not your principal balance.

Sugar Money Debt Consolidation

If you are struggling to manage paying off multiple debts from numerous providers then Sugar Money Debt Consolidation is a simple way to consolidate all your debts into one easy to manage loan. Apply now and start simplifying your finances today.

Features:

• Consolidate your credit cards, store cards, bills and other loans into just one easy to manage loan.
• Set a loan term that suits your budget and you could reduce your monthly outgoings.
• Can be 50% for personal use including cards, travel, education and other purposes.
• Fixed interest rate for the life of the loan.
• Make easy repayments using Direct Debit.
• No maximum loan amount (*subject to approval)

Find out more about this offer

Featured Balance Transfer Offers

			Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
	Citibank Clear Platinum Card	A low rate on purchases and balance transfers offer plus a discounted annual fee for the first year.	11.99%	2.9% for 12 months	$99	21.74%
	Westpac Low Rate Card	Enjoy a low interest rate on purchases, a low annual fee and a great 9 month balance transfer rate.	0% for 6 months (reverts to 13.49% )	0% for 6 months	$45	21.49%
	Virgin Flyer Credit Card	An introductory low balance transfer offer, plus earn 1 Velocity Point per $1 spent up to $1,500 per month and then 1 Velocity Point for every $2.	20.99%	1.9% for 9 months	$99	20.99%
	ANZ Low Rate MasterCard – Balance Transfer	Offering a long term 12 month balance transfer rate. Also offers a low interest on-going purchase rate and annual fee.	0% for 3 months (reverts to 13.24% )	0% for 3 months	$58	21.49%

Credit card debt consolidation:

Credit card debt is an unsecured loan, so to speak, but debt consolidation is something that can actually help lower your debt, make agreements with creditors and consolidate all of your debt into one place.

Credit card companies will work with you, through companies who offer a solution program, in which to teach you about debt, and how to properly manage your credit cards and loans.

A debt agreement can be negotiated with your creditors through these types of companies. If you are looking for the best representation for a debt agreement then you should turn to Fox Symes. They are the largest provider of Australian debt agreements.

The following are some of the proposals that they can put in place.

• A payment required that is less than the full amount of your debt.
• An agreement for periodic payments based on your income.
• A moratorium on the debt payments.
• A partial or full payment with a transfer of property to your creditors.

Personal Insolvency Agreement:

This is a form of credit card debt consolidation where an arrangement is offered to your creditors in order to get your debts satisfied in a manner you can handle, financially. The majority of your creditors must accept the arrangement, which is legally binding. The Official Trustee can administer this agreement, through the debt consolidation company, and the solution is decided between you, your consolidation representative, and the company to which you have debt.

The debt consolidation company you choose, contacts all of your creditors to ask them to consider a proposal based on your financial position and they are asked to vote on whether they will accept it or not. The majority of your creditors must accept a fair offer.

Debt Consolidation Companies:

These companies, such as Fox Symes, can include debt management programs, which offer solutions to getting into debt in the first place, as well as budgeting assistance, and even bankruptcy assistance.  Companies such as this, help over a hundred thousand Australians each year, struggling with high debt, find solutions.

The best part of debt consolidation is that you can eventually become debt free, in much less time than you think.  The structured payment plan allows you to make payments that you can afford, not what the credit card, or loan companies demand.  This makes it easier to continue with your life, but still get out of debt.

Debt Counseling:

They may require that you attend, or receive a debt counseling program, which will also lower your balances, and interest rates, as it appears to your creditors that you are making a serious effort – plus, you learn the skills of balancing your finances, and staying out of huge debt.

Just remember, in this economy, most companies would rather have part of the balance owed, than none, so they are generally willing to work with you.  Having an experienced loan consolidation specialist work in your behalf will make the process easier, and more successful.

Credit card debt consolidation can be the answer to high debt, when there is no other way out, and you feel as if you are sinking. Thousands of Australians have used this option to clear up their debt and get on with their lives, and you can too.

Check out today's featured offers:

Westpac Low Rate	Citibank Clear Platinum	Qantas AMEX Discovery	ANZ Platinum
0% p.a. for 6 months on purchases & balance transfers	2.9% p.a. for 12 months on balance transfers	$0 annual fee Up to 10,000 Bonus QFF Points	0% p.a. for 6 months on purchases & balance transfers

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Popular Credit Card Offers

			Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
	Westpac Low Rate Card - 0% Offer	A credit card with a low rate offer on both balance transfers and purchases, plus a low annual fee.	0% for 6 months (reverts to 13.49% )	0% for 6 months	$45	21.49%
	Citibank Clear Platinum Card	Competitive interest rate on purchases and balance transfers offer.	11.99%	2.9% for 12 months	$99	21.74%
	St George Vertigo	Take advantage of this great offer from St.George with a low rate on purchases and a low balance transfer offer.	13.24%	0.99% for 12 months	$55	21.49%
	ANZ Platinum Credit Card	An introductory interest rate offer on balance transfers and purchases, plus a $0 first year annual fee.	0% for 6 months (reverts to 19.24% )	0% for 6 months	$0 annual fee for the first year( $87 thereafter)	20.99%