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$300 $4600
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Loans from $2100 to $4600 require a car, motorbike, boat or caravan to be provided as security. If you cannot provide security, please apply for $2000 or less.

The maximum you will be charged is a 20% Establishment Fee and a 4% Monthly Fee. Under the current legislation lenders do not charge an annual monthly interest rate for our Small Amount Credit Contracts. You may know this as Annual Percentage Rate or APR(%). Click here to see a worked example.

The Annual Percentage Rate for Secured Medium Loans is 48%. Comparison Rate is 66.0347% p.a. This comparison rate is based on a Medium Amount Credit Contract for an amount of $2,500 over 2 years and a $400 establishment fee. Fees and charges are payable. Click here to see a worked example.

Fast approvals for debt consolidation loans.

Debt Consolidation Loans up to $4,600. Same day funds, apply now!

Debt Consolidation Loans: It’s a familiar story – you open an account here, another one there and swipe your credit card a little too often. You get discounts when you open more store accounts – and let’s be honest, you never read the fine print and payment terms – and before you know it you have a sea of accounts you need to somehow remember to pay off on time.


Add that to the money you already owe on your car, your house or in other personal loans, and you’re swimming in debt, scrambling to find a way back up to the surface so you can breathe a little easier and get those angry debtors off your back. It’s easy for things to get out of hand and it happens to even the very best of us. However, these is a solution.

How debt consolidation loans can help

Here’s where we come in. We do personal loans for debt consolidation, otherwise known as debt consolidation loans.

Get all your debtors into one bundle, and get them paid off quickly. Then, focus on making just one payment at a reasonable rate, over a period that’s manageable for you. Then before you know it all your stress will be significantly minimized and you’ll be on your way to financial wellness, which is what we’re all about.

Making sense? Let’s look at what debt consolidation loans are all about.

What does debt consolidation mean?

Debt consolidation sounds complicated, but it’s a pretty simple process.

Instead of paying off various loans, debts and bills at different interest rates, you add up all the total amounts that you owe and loan money to pay them all off so that you’re paying one lender at a fixed interest rate.

In a nutshell, you’re taking out a single loan to pay off several smaller loans or debts. You’re consolidating loans, paying them off, and in doing so, paying off one loan – the one that was used to pay off your many loans.

Depending on your lender and your individual circumstances, you may be able to arrange better payment terms and rates for debt consolidation loans.

Some lenders also offer debt negotiation, which involves taking the creditors off your back so that you can focus on making sure you pay off your consolidation loans. They’ll work out a debt agreement with your different creditors to help you make your loans more manageable.

What is a consolidation loan?

A debt consolidation loan is a loan you can apply for to repay all your loans in one swoop, leaving you with just one debtor to pay off at terms you can define and agree to. You take out one big loan that allows you to pay off all your outstanding debts. Then you are just left with having to pay off one loan with one set of fees. It allows you to simplify things in your life.
By consolidating loans, you’re cutting out a lot of extra stress – and the risk of forgetting one of your accounts or loans.

How unsecured debt consolidation loans work?

If a loan is unsecured, it means it is loaned to you without security – you don’t have to put up a boat, car, house, motorbike or caravan to secure the credit that you need.

With unsecured debt consolidation loans, you can apply for up to $2000. Say you apply for a $1500 loan, but we see that you already owe three other companies a few hundred dollars. We’ll pay off those creditors and give you the balance of the loan.

On the other hand, if you need to borrow more than $2000, you can apply for secured personal loans with us. We’ll do an assessment of your circumstances to make sure you can afford your loan. What do you need to do? Glad you asked! You’ll need to send us a registration document showing you as the owner of your car, boat, caravan or motorbike. If you have that ready, you can go ahead and apply right now!

How do secured debt consolidation loans work?

Different from unsecured loans, secured loans do require you to provide a deposit with the loan. This can be an asset of value, such as property, a car, a motorbike or even a caravan. Since you are borrowing a larger amount, this is just to protect the lender. If you were unable to repay the loan the lender would have the right to repossess the asset. We accept cars, motorbikes, boats and caravans as security.

Is it better to consolidate your debt?

If your loans, accounts, outstanding bills and school fees are starting to make your head spin, consider loan consolidation. Debt consolidation loans can be used to gather all of your debts into one loan that is more manageable. Plus, it means that instead of paying multiple interest rates and credit fees, you pay just one debt consolidation loan fee. This ultimately saves you money, as well as a lot of stress.

However, it’s important to ensure that the fees for the debt consolidation loan are less than what you are currently paying in extra fees.

Is debt consolidation bad for your credit score?

No – the less debt you have, the better your credit score will be. Having a lot of debt damages your credit score. In addition, managing multiple debts means you are more likely to miss payments. Therefore, getting a personal loan to cover all your debt, and then paying off the personal loan can help cut costs. Plus, consistently making your repayments on the debt consolidation loan will demonstrate responsible use of credit. Just make sure you don’t use the accounts you’ve just paid off and start racking up new debt.

In fact, debt consolidation loans can help to raise your credit score. When you are reliable with making your repayments, it demonstrates a responsible use of credit.

What does debt consolidation do to your credit score?

If you consolidate loans and apply for unsecured debt consolidation loans, you’ll be able to make sure that all your creditors are paid off quickly. While you won’t be able to do anything about the black marks you have on your record, you’ll be able to avoid getting any new ones. Paying off your various debts and having less debt can only make your credit score stronger. Just be sure not to start spending on those accounts you’ve just cleared.

It’s worth pointing out that having a credit card or store account can aid your credit rating, if they’re managed. Make sure you’re using them for small purchases and / or paying them back quickly to avoid them getting away from you.

Debt consolidation loans Australia

You may be wondering a bit about debt consolidation loans Australia. What they are and where you can find them. So below we’ve explained in further detail, exactly what debt consolidation companies are, as well as how and where you can apply for them.

What are debt consolidation companies?

If you’re a viable candidate debt consolidators, or lenders like us, issue you with a loan that allows you to pay off your current creditors. Apply with us and we assess your application. If it is accepted, we’ll issue you a loan contract. Then, if you are happy with the terms and conditions, send us back the signed contract. We’ll transfer you your funds straight away. Then it means you no longer have to worry about repaying multiple creditors. You only need to make one payment and pay one set of fees. Sounds good, right?

Where can I get a loan to consolidate my debt?

It doesn’t matter where in Australia you are, because you can find debt consolidations online. You don’t even to leave your house. All you need is an internet connection and a device to apply! Just head to our homepage, or scroll up to the top of this page and fill out the quick online application form. It’ll take you less than 10 minutes – easy as!

What is a credit card consolidation loan?

If you’ve managed to build up an array of plastic debts, you’ll know that repaying all the different companies that have issued them can be a nightmare. A credit card consolidation loan would be one central loan that you could use to consolidate debt loans and pay them all off. The worst thing about credit cards is that their interest rates can be incredibly high. So, debt consolidation loans can save you from these hefty fees and allow you to pay off your debt in one shot.

How do I find the best debt consolidation loans?

Looking for the best debt consolidation loans Australia has to offer? You’re not alone. The best thing to do is to compare debt consolidation loans. Check out a few different lenders (like us! We’re the best, if we do say so ourselves), or visit some comparison websites to find out who they recommend. It’s a good idea to get to know the different terms involved so that you know what you’re looking out for.

How much does it cost to borrow debt consolidation loans?

With us, you can borrow two different types of debt consolidation loans. You can either get small short-term loans of up to $2000, or larger medium-term loans of up to $4600.

The costs for each type of loan varies slightly.

Unsecured loan costs

For smaller unsecured loans, those are amounts of $2,000 or less, you will notice that there is an establishment fee. This is around 20%, paid off over your first few repayments. Then additional fees will cost around 4% per month. These smaller loans can be repaid over a period of up to 12 months.

To give you an example of what the costs look like, here is a breakdown of the repayments:

This can either be repaid at $35 per week, $70 per month or $140 per month

Remember, you can’t take out a secured loan for amounts of $2,000 or less. These are known as small amount credit contracts and can’t be used to pay off other loans.

Secured debt consolidation loans costs

Now, if you’ve got debts to pay off, you might want to look for medium secured loans, which are between $2,100 and $4,600. You’ll notice that these also come with an establishment fee, but here it’s usually a flat fee of $400. These loans will also have an annual percentage rate (APR) which is around 48%. They can be repaid over a period of up to 24 months.

These are just examples. However, if you want to find out what the costs of loans are just scroll on up and use of debt consolidation loan calculator. You’ll be able to play around with the length of your loan term and frequency of payments.

All lenders are required to display a comparison rate. It’s meant to help you compare lenders by understanding how their fees and charges are bundled together.

If you miss a payment, you’ll be charged a dishonour fee. This is a fee of around $35, therefore it’s important to keep your payments up to date, or arrange for them to fall on the day after payday so you know there will be money available in your account – no one needs any extra money or stress added to their repayments, right!

Whoops – I have bad credit. Are there debt consolidation loans for bad credit?

There are. The best thing to do is apply, or give us a ring on 1300 189 823 so we can chat about at your individual situation. That’s because we prefer to look at customers on a case by case basis. We know that a person’s credit rating isn’t always an accurate representation of their true relationship to finance.

Instead, we use the latest financial software which allows us to look at your recent financial history and how you’re currently managing your money. This accurately assesses your situation and removes presumptions based on a low credit rating.

We’re committed to our customers and will never offer you a loan we know you can’t afford. We also know that there may be things on your credit record that don’t reflect where you are in your life right now, how responsible you’re trying to do by looking for bad credit debt consolidation loans and trying to consolidate your loans in the first place.

If you’re on the hunt for the consolidation loans Australia offers, or a person in need of consolidation loans with bad credit, look no further.

Head on over to our debt consolidation loan calculator and apply today.

We’ll let you know if you’re eligible in just 60 minutes or less. Give it a try!

Example of how our small personal loans work

Loan amount

$300 minimum
$2,000 maximum


Up to 20% Establishment Fee charged upfront + monthly fee up to 4%

Under the current legislation Jacaranda Finance Pty Ltd does not charge an annual interest rate. You may know this as Annual Percentage Rate or APR(%).

In APR terms, the maximum annual percentage rate on our loans between $300 and $2000 is 199.43%.


weeks minumum
weeks maximum


Loan Amount of $1,000 over 50 weeks repayable weekly $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $480 (fees based on 4% per month over 50 weeks) = $1,680 total repayable in 50 weekly installments of $33.60.

Example of how our medium secured personal loans work

Loan amount

$2,001 minimum
$4,600 maximum


Annual Percentage Rate (APR) is 48% Comparison rate is 66.0347% p.a.

This comparison rate is based on a Jacaranda Secured Medium Loan for an amount of $2500 over 2 years and a $400 establishment fee. Fees and charges are payable.


months minumum
months maximum


Loan Amount of $3,000 over 18 months repayable weekly $3,000 (Principle Amount) + $400 (Establishment Fee) + $1,378.87 (other fees) = $4,840.14 total repayable over 18 months with weekly instalments of $61.27.

For more information about the allowable fees and charges for SACCs & MACCs visit the MoneySmart website.

What our clients say

Debt Consolidation Loans up to $4,600. Same day funds, apply now! Overall rating: 4.7 out of 5 based on 148 reviews.

Great easy application

5 5 1
Very fast easy to apply thank you so much