Debt Consolidation Loans
Combine credit cards, store cards and personal loans into one easy repayment. Check your rate in 90 seconds with no impact to your credit score.
Simple terms. No hidden fees.
Early repayment fee
Pay off early and save on interest — there's no penalty.
Monthly fee
Simple, transparent pricing. Never any hidden extras.
Loan durations
Choose a repayment term that suits your lifestyle.
Max loan amount
Borrow from $5,000 up to $50,000.
What is a debt consolidation loan?
A debt consolidation loan rolls multiple existing debts into a single loan with one monthly repayment. This can make your finances simpler to manage and — depending on your existing rates — could save you money on interest.
What you can use it for
- Credit card balances
- Store cards and BNPL
- Existing personal loans
- Overdraft balances
- Tax or ATO debt
- Small business debt
Start with an obligation-free quote
No paperwork required and no impact to your credit score. Get all the important information you need before you apply.
Personalised rate
Check your rate and repayments before you apply.
Borrowing power
Calculate the maximum amount you can borrow.
Eligibility check
Confirm you're eligible before you apply.
Same-day funds
If you proceed, we offer funding in as little as 60 minutes.
Low rates that beat the banks.
Get a better deal with our bank-beating rates.
Comparison rates are based on a $30,000 unsecured loan over 5 years. Rates are indicative only and last updated for illustrative purposes.
Frequently asked
Will consolidating my debt save me money?
It can — particularly if your existing debts have high interest rates such as credit cards. Use our calculator and a free quote to compare.
Does Allfund pay my creditors directly?
Yes. With your authorisation we can pay your existing creditors directly, so the only repayment you need to manage is your Allfund loan.
How will consolidating affect my credit score?
Paying off existing debt and making consistent repayments on your new loan can have a positive long-term effect on your credit score.
"Quick, easy and hassle free. I was pleasantly surprised how easy the process was — and being able to make extra repayments without penalty is a big bonus."
LindaVerified CustomerNeed a loan for something else?
Ready to get a quote?
Find out your rate and repayments in under 90 seconds.