Articles

: Are you struggling to make ends meet every month? Do you want to improve your financial position and boost your cash flow? Refinancing your loans and debts with a personal loan sourced through Find That Finance can be the solution you need. With competitive rates and flexible terms, our loans can help you consolidate your debts and reduce your monthly obligations, giving you more money to cover your expenses and achieve your goals. Read on to learn more about the benefits of refinancing with Find That Finance and how you can apply today.

---

Refinance to Improve Cash flow

Read or Listen to this Post

At Find That Finance, we specialize in matching borrowers with the best personal loan options that suit their needs and goals. With our streamlined application process, and our access to many lenders, we make it easy for you to find the right loan for your situation and get approved as quickly as possible. Whether you want to pay off credit card debt, other loans, cover unexpected expenses, or invest in your business, we can help you achieve your objectives and enjoy a better financial future.

In this article, we'll explore the benefits of refinancing or debt consolidation with Find That Finance, the latest trends and statistics on personal loans and debt management in Australia, and how you can apply for a loan today.

Benefits of Refinancing with Find That Finance

Refinancing your loans and debts with Find That Finance can offer you the following benefits:

- Free loan eligibility assessment. lets you find out if this strategy is appropriate for your circumstances.

- Free Pre-Approval.

- Lower interest rates and fees: The objective in consolidating your debts into one loan, is to put you you can qualify for a lower interest rate and reduce the fees associated with multiple accounts.

- Fixed rates: fixed rates for the term of the loan.

- Flexible terms: You can choose the repayment period that suits your budget, from three years to seven years.

- Easy application process: You can send through an online enquiry in minutes and get approved shortly after.

- No collateral required: Personal loans are unsecured, so you don't need to put up any assets as collateral.

- Credit score improvement: By consolidating your debts and making timely payments, you can improve your credit score and qualify for better loan options in the future.

By taking advantage of these benefits, you can reduce your financial stress, free up your cash flow, and enjoy a better quality of life.

Trends and Statistics on Personal Loans and Debt Management in Australia

According to recent surveys and reports, the following trends and statistics are relevant to personal loans and debt management in Australia:

- Personal loans are the second most common type of debt after mortgages, with an average amount of $15,000 per borrower.

- Credit card debt is the most common type of unsecured debt, with an average balance of $2,500 per borrower.

- High-interest rates and fees are the main reasons why borrowers struggle to repay their debts, with some paying up to 25% interest and $100 in annual fees.

- More Australians are considering refinancing their debts, with over 50% of respondents in a survey saying they were interested in consolidation loans.

- The COVID-19 pandemic has increased financial stress and uncertainty for many Australians, with more people experiencing job losses, income reductions, and mounting debts.

These trends and statistics highlight the importance of managing your debts wisely and seeking solutions that can help you reduce your financial burden and secure your future.

How to Apply for a Personal Loan with Find That Finance

If you're interested in refinancing your loans and debts with, Find That Finance, the following steps will guide you through the application process:

1. Check your eligibility: To apply for a personal loan, you need to be an Australian citizen or permanent resident, over 18 years old, employed, or self-employed, and have a good credit score.

2. Gather your documents: You'll need to provide proof of identity, income, and expenses, such as a driver's license, pay slips, bank statements, and bills.

3. Compare loan options: Use our online calculator to compare loan options based on your loan amount, term, and rate preferences. You can choose from a range of loans from $5,000 to $100,000 with terms from 36 to 84 months and interest rates from 6.5% Comparison rate 6.5% from one of our lenders. Rates offered by lenders are determined by your credit score and other factors like employment history, residential history, the amount you are borrowing.  

4. Enquire online: We will contact you so we can take an application, arrange for requireddocuments which are generally like pay slips, drivers licence, Medicare details and bank statements. We'll review your application and get back to you as soon as possible with loan options applicable to your circumstances.

5. Accept the loan offer: If you're happy with our offer, sign the loan agreement electronically and receive your funds within 24 to 48 hours. You can use the funds to pay off your debts, cover your expenses, or invest in your future.

By following these steps, you can simplify your debt management and improve your personal finances with a loan from Find That Finance.

Call 1300 378 021 0r Apply/Enquire Now

Check out our FAQ 

---