18-Sep

Don’t Stay In The Debt Trap

How a debt consolidation loan can help

A lot of Kiwi’s are stuck with credit cards, store cards that they can never seem to pay off because they are always on the limit and need to pay 20% or more in interest each month.

Now too, there are the likes of these big finance companies offering handy charge cards which seem handy at the time with their interest free offers for higher ticket items, but eventually they turn into the same high interest payment each month due to little hooks in the fine print.  For example, if you don’t use your store card or charge card wisely, very quickly you’ll be repaying the balance normally at a minimum of 25.99% p.a, and it’s added to your bill daily.  Their interest rates are almost twice as high as a low interest credit card and designed to keep you in debt.

What’s the best solution?

If you’re not getting ahead because of too many monthly, and high interest payments, talk to us to roll them all into one easy to manage outgoing each month.  Debt consolidation loans are a quick and effective way to start managing your finances so there is some left over for important things like savings.

Apply for a debt consolidation loan with Loansmart today to start moving you in the right direction – application form.  It takes less than five minutes to apply online.