Credit Card Debts Consolidation Loans

Consolidate your credit card debts into one simple Plenti loan

Consolidating multiple credit card debts into a personal loan could be a strategic move for many borrowers.

Get your rate
Interest rates from
6.17
%
p.a.
Comparison rate*
6.17
%
p.a.

We’ve consolidated over $340 million in debt for thousands of Australians. You could be next—get a quick rate estimate in as little as 60 seconds and complete your application in 10 minutes to start saving on your interest bills.

Features

Benefit from a low-interest rate loan.

One of the most compelling reasons to consolidate credit card debt into a personal loan is the potential for lower interest rates. By securing a lower rate, you could reduce your monthly payments and pay off your debt more quickly, allowing you to become debt-free sooner and potentially save money in the long run.

Borrow up to $50,000

1-7 year loan terms

Fast funds in as little as 24hrs from approval

$0 early repayment fee

$0 monthly fee

Personalised interest rate

Discover the benefits of consolidating your credit card debts

These could make debt management more manageable and provide a clear, structured path toward financial stability and debt freedom.

Lower interest rates
Personal loans typically offer lower which could save you money otherwise paid on interest.
Simplified repayment process
Consolidating credit card debts into a single personal loan simplifies the repayment process. You only have to make one monthly payment.
Fixed repayment schedule
Credit cards typically have revolving credit, meaning the amount you owe can fluctuate monthly. In contrast, a Plenti personal loan comes with a fixed repayment schedule.
Payoff date
Have a payoff date to work towards each month.
No early repayment fees
Enjoy the flexibility to pay off your loan without extra charges.
Accelerate your debt-free journey
Simplified repayments with lower monthly fees and interest rates could make debt repayment more manageable.
Process

A faster, fairer borrowing experience

Debt consolidation is made easy with our simple 3 step process. Get a rate estimate.

Get your rate

1 minute, 10 simple questions. It's all we need to estimate the rate on your personal loan.

Apply in minutes

Complete your quick and easy application, all online.

Enjoy your funds

Once approved and accepted we’ll transfer your funds which could take as little as 24hrs.

More about credit card debt consolidation

What is credit cards debt consolidation?

Credit card debt consolidation combines multiple credit card balances into a single, larger loan, often with a lower interest rate. This approach simplifies repayment by replacing numerous payments with one monthly payment, potentially reducing the total interest paid and helping individuals manage their debt more effectively.

How could a credit card debt consolidation loan save you money?

A debt consolidation loan could potentially save you money in several ways:

  • Lower interest rates: If the interest rate on the consolidation loan is lower than the average interest rate on your existing debts, you are likely to pay less in interest over time.
  • Reduced monthly payments: Lower interest rates could also result in lower monthly payments.
  • Fewer fees: Consolidating your debts could potentially reduce the number of late fees, over-limit fees, and other charges if you previously had trouble managing multiple payments.
  • Shorter repayment Term: By consolidating debts into one loan with a structured repayment plan, you could pay off your debt faster, reducing the total amount of interest paid.

Overall, a debt consolidation loan could simplify your payments, lower your interest costs, and help you manage your debt more effectively.