At My Budget, we’ll assess your current situation, provide you with the facts about your options and work with you to design a solution that's tailored to your preferred outcome and long-term goals.
In many countries, especially the United States and the United Kingdom, student loans can be a significant portion of debt but are usually regulated differently than other debt.
The bulk of the consumer debt, especially that with a high interest, is repaid by a new loan.
We’ve helped over 50,000 Australians, on terms that suit them, to manage their debt and save for the future.
If debt consolidation is something you are interested in, we can assist.
Debt consolidation loans we offer can lower your overall cost of repayments by combining your high interest rate loans (credit cards, car loans etc.) into one loan that has a lower repayment.
We look for a loan that will improve your cash flow and streamline your payments without compromising your long-term financial outlook.
Most people do this to reduce the interest rate on their debt, to bring down their monthly payment amount or to reduce the number of companies they owe money to.
Debt consolidation can be a useful strategy in some situations but for many it can involve extra costs, and potentially makes a difficult situation much worse.
Interest is the fee charged by the creditor to the debtor, generally calculated as a percentage of the principal sum per year known as an interest rate and generally paid periodically at intervals, such as monthly. Although there is variation from country to country and even in regions within country, consumer debt is primarily made up of home loans, credit card debt and car loans.
Household debt is the consumer debt of the adults in the household plus the mortgage, if applicable.
My Budget can assist you in understanding debt consolidation loans and what options may be available to you.Tags: Adult Dating, affair dating, sex dating