Debt consolidation involves rolling all your existing debts into one loan. This may help you to better manage your repayments, but it may also make your situation worse if the interest rate or fees in the new loan are higher than they were with your original debts.
Avoid refinancers who make unrealistic promises about getting you out of debt or who advertise that they can help you, no matter how much you owe.
Taking out a debt consolidation loan can be helpful if it means you will pay less in fees and interest. But, it may only be a short-term fix if you can’t meet the repayments on your new loan.
Before you refinance be sure to speak to us. We will ensure you get the best deal and structure it in a way that you will benefit in the long run.
Debt consolidation can be a great way of putting more money in your pocket.
Dona and Associates was founded by Dany Dona. Dany began his career working in the medical area. It was out of a genuine desire to help people that he later founded Dona and Associates. This business really wanted to help everyday mums and dads achieve financial freedom and knows that money can really make a difference to people’s lives.
Dany has helped hundreds of families move forward financially and this is the reason most people refer other family and friends to him.
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