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Debt Consolidation NZ

Debt consolidation NZ-wide is exactly what Alternate offers to help you get on top of debt once and for all. Our easy debt consolidation loans allow manageable repayments & we find a minimum repayment that’s stress-free while balancing paying off your loan as soon as possible.

Consolidate Debts If

  • If you’re having trouble keeping up with monthly bill payments?
  • Having trouble borrowing money because of credit history?
  • You need a fresh start with one, easy to manage payment?

Debt Consolidation Loans Are For

  • Baycorp bills, we can pay them to offer and clear your credit rating
  • Turn your debts into one easy payment at lower interest rates
  • Avoiding penalties and paying off other loans or hire purchases.
Debt Consolidation
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Get a consolidation loan from Alternate Finance, and you’ll receive up to 36 months to make affordable loan repayments. When consolidating debt, we’ll give you a low interest rate in comparison to what you’re paying currently, and we’ll roll all debt into one simple payment. The low interest rate ranges from 13.95% to 26.98% p.a.

For more details, including early repayment conditions, our loan terms and conditions, establishment fees and default interest rates, please view our rates and fees webpage by clicking here.

If you want to get a debt consolidation loan from Alternate Finance, it’s important to get an understanding of our terms and conditions. When you apply for loans designed for consolidating debts, you’re agreeing to Alternate Finance having permission to store and collect your information. Alternate Finance will endeavour to keep all information on this website accurate and up to date, in regards to debt consolidation but if you spot any inaccuracies, please let us know in writing and we’ll rectify it within a reasonable timeframe. For further detailed information about consolidating debts, please follow this link.

Your details are data protected when applying for a loan, as we have end-to-end encryption on all of our webforms. All loan information you provide will be treated confidentially and you can have confidence that your loan application will remain secure.

Get a consolidation loan from Alternate Finance, and you’ll receive up to 36 months to make affordable loan repayments. When consolidating debt, we’ll give you a low interest rate in comparison to what you’re paying currently, and we’ll roll all debt into one simple payment. The low interest rate ranges from 13.95% to 26.98% p.a.

For more details, including early repayment conditions, our loan terms and conditions, establishment fees and default interest rates, please view our rates and fees webpage by clicking here.

If you want to get a debt consolidation loan from Alternate Finance, it’s important to get an understanding of our terms and conditions. When you apply for loans designed for consolidating debts, you’re agreeing to Alternate Finance having permission to store and collect your information. Alternate Finance will endeavour to keep all information on this website accurate and up to date, in regards to debt consolidation but if you spot any inaccuracies, please let us know in writing and we’ll rectify it within a reasonable timeframe. For further detailed information about consolidating debts, please follow this link.

Your details are data protected when applying for a loan, as we have end-to-end encryption on all of our webforms. All loan information you provide will be treated confidentially and you can have confidence that your loan application will remain secure.

Debt Consolidation Loan Calculator

I want to borrow:
I can afford to repay (per week):

Did You Know?

How Long Until My Application Is Approved?

How Long Until My Application Is Approved?

Once you submit your loan application online, you'll hear back from us within 24 hours of your approval. We'll communicate with you; you can call us, message us using live chat on this website, or request us to call you back at a time that's convenient. You'll be consolidating debt and relieving financial pressure in no time.

Getting On Top Of Your Finances. 

Getting On Top Of Your Finances. 

We sometimes fall into the trap of too many hire purchases, too many credit cards to pay off, too many short term loans, and then we get unexpected bills to top it off. So all-in-all, it's really easy to miss a repayment on one of your personal loans, and, of course, this triggers a penalty fee, and you're immediately paying more interest on your entire loan, including the penalty.

Now let's assume this goes unnoticed for a few weeks or even months, and you'll find you're going backwards financially, quickly. You'll want to simplify life and get on top of your finances quickly because you'll end up with a bad credit rating, and the worst-case scenario is that you might have to declare bankruptcy. The solution is consolidating debt with Alternate Finance.

Why Consolidate Debts?

Why Consolidate Debts?

It may feel that getting another loan to consolidate debts seems contradictory, but in actual fact, when consolidating debt we'll lower your weekly repayments, aim to lower your interest rates, and as a result, you'll minimise the chance of getting penalty fees for late payments because it's more manageable. It's designed to take the stress away.

Manage & Consolidate Debts

Manage & Consolidate Debts

Debt consolidation loans are the most common way the Kiwi's manage their finances through Alternate Finance? Unfortunately, people get into arrangements with other lending companies that loop you into a default trap. For example, you might be offered interest-free loans, but the moment you make one small error, all of the interest is added on, at very high fees. We help Kiwis get on top of life by consolidating debts, paying what you owe & rolling it into one easy payment that you can afford.

What Is Debt Consolidation?

What Is Debt Consolidation?

Debt consolidation loans are a tool that helps you when you have multiple hire purchases from various different lenders that are too much for you to manage. Often, you'll have high penalty fees, meaning that you're defaulting every week. Debt consolidation loans eliminate the multiple fees you're being stung with because you'll pay off each loan, and just have one simple, more manageable loan with us, on a fair interest rate.

How Consolidating Debt Works.

How Consolidating Debt Works.

We start by adding up all of your current bills, checking the amount you're paying weekly, we include all of the penalty charges you've been incurring, and we then compare that against a simple loan for consolidating debt with Alternate.

We usually always find that we can reduce your outgoings on a weekly basis, improve your cash flow, and you'll be able to see the light at the end of the tunnel instead of spiralling into a financial hole. Once approved, we start by paying off all of your current bills, loan agreements, credit card debt and anything that's causing your financial challenges. At this point, your credit rating will start it journey on getting back on track; you'll be stress-free and have everything under control.

Ethical Loan Companies

Ethical Loan Companies

Did you know that Alternate Finance is a financial provider that is owned and operated by a Christian family with fair values in Christchurch? This means that our finance company is made to help Kiwi's get a fair deal, to look after them when things get tough and reducing stress and consolidating debt is well within our values. We are responsible lenders and have lending criteria that ensures people don't get in over their heads. If you need to consolidate debts, we'll help you work through any difficulties and support you in the best result possible.

Debt Consolidation NZ-Wide

Debt Consolidation NZ-Wide

No matter where in New Zealand you are, Alternate Finance can help you manage and consolidate debts that you have by bundling all of your loans into an easy to manage single repayment. You'll avoid getting a bad credit rating; you'll avoid penalty fees provided the new agreement is manageable for you. We are here to help.

Should you have any questions, please feel free to contact our friendly team or view our Frequently Asked Questions.