Flexible Holiday Loans
You can streamline your repayments and reduce the stress of juggling multiple accounts with our straightforward, fully online process.
Borrow between $5,000 up to $50,000*
Choose your term from 1 to 5 years
100% online
* All loans are subject to affordability, verification and suitability.
Why Choose AFS for Your Debt Consolidation Loan
Bring Everything Together. If you're managing several loans or credit cards, AFS can help you combine them into one simple repayment. Fewer moving parts can make it easier to stay organised and focused on your financial goals.
Create Breathing Room. Debt consolidation may help improve your cash flow by restructuring repayments into something more manageable. We'll work with you to find a solution that suits your current circumstances.
Ready to Take Back Control? Explore our debt consolidation loan options and apply today. AFS is here to provide straightforward support and help you move forward with confidence.
Frequently Asked Questions (FAQs)
What is a debt consolidation loan?
A debt consolidation loan allows you to combine multiple eligible debts into one loan with a single, manageable repayment. Instead of juggling different due dates and payments, you can simplify your finances and focus on one clear repayment schedule.
What types of debts can be consolidated?
Debt consolidation loans can generally be used to combine personal loans, credit cards, and other eligible unsecured debts. The exact debts that can be included will depend on your individual situation and our lending criteria. Out team can guide you through what may be suitable for you.
Will consolidating my debts save me money?
It can, but it depends on your current debts, interest rates, and repayment terms. A consolidation loan may help reduce financial stress by simplifying repayments and potentially improving cash flow. We encourage customers to consider the overall cost of the loan and whether it aligns with their financial goals.
How long will it take to approve my loan application?
Once you’ve submitted your loan application, approval is conditional pending credit checks and verification of the information you have supplied. Approval is usually obtained within 48 hours, subject to satisfactory credit checks and verification of financial information. Your Loan Account Manager can provide more information about documenting your loan and the settlement process.
What do l need to apply?
To ensure applying online is straight forward, we suggest you gather a few key documents so that you have the information at your fingertips.
Here is a checklist outlining all necessary information you should have at hand before applying.
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Your full name
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Your date of birth
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Your current driver's licence number and expiry date
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If you do not have a current driver's licence, then details of your passport including number, place of issue and expiry date.
Your Residential Details
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Your current residential details
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If you have not been living at your current address for at least 3 years, the details of your previous address
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If you have a mortgage, or have recently applied for a mortgage, the details of the monthly payments
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If you are renting or boarding, the details of your landlord/real estate agent including Name and Telephone Number.
