Loan refinancing or debt consolidation may be useful if:
- Your current loan, or loans, are becoming difficult to manage
- Your circumstances have changed
- You would like to save more on fees from separate loans
- You have too many credit cards
- You have car and personal loans that have high interest rates
- You’d like to negotiate a better interest rate
There are many ways to approach a refinance, and it is crucial that you are aware of all of these options prior to making the choice to refinance. It can be risky to consolidate debts if you are not careful, or not aware of all the necessary considerations.
Understanding everything about your loan terms, such as interest rate, regular payment amounts, and early exit fees is an important first step. Reviewing your loan terms with a Pink Finance consultant is a great way to get a solid understanding of your responsibilities, options, and rights.
Pink Finance is a licensed, ethical and responsible broker.
Before you consolidate your debts, make sure your new interest rate, including fees and costs, is much lower than what you’re paying on all the debts you are consolidating. If you end up paying higher interest, you’re losing money and making your problem worse. Pink Finance can ‘crunch these numbers’ for you.
Similarly, it is important that you make sure you understand all application fees, legal fees, valuation and stamp duty fees and costs that you may incur.
Credit card rut is real
If you max out your credit card and only make the minimum monthly repayment you’re looking at managing a 60-year loan term. Not cool.
Being proactive with facing your debt is probably one of the smartest moves you can make. Start taking control of your debt by booking an initial consultation with Pink Finance on 0414 633 793.
So grateful for Nicole and her team. They were so amazing from the start to end. We were able to change our loan and start achieving our goals thanks to the exceptional service from Pink Finance. Always so accommodating. Best broker we have ever dealt with. Thank you.
It was our pleasure dealing with Nicole Cannon when we decided to refinance our home loan. Her professionalism and knowledge made the process a lot easier. Her dedication and prompt service really separates her from the rest.
We would not hesitate to recommend Pink Finance to anyone looking for a professional tailored service.
We will definitely utilise the service of Pink Finance for our next investment.
You provide emotional as well as transactional support which is appreciated given the stress typically associated with property purchasing!
Nicole and her team were absolutely wonderful to partner with for our home refinancing and purchase of investment properties. We are delighted with the outcome, but in fact also enjoyed the whole process thanks to the team at Pink Finance. Will be recommending them to all our friends and family.
Fantastic service and knowledge. Excellent.
Nicole is a consummate professional in every way. She responded to our urgent query with great speed and if it wasn’t for her assistance we would never have been able to move fast enough to buy our home. Her expertise helped us navigate a complex market quickly to identify the right lender for us. From start to finish she made the whole process as pain-free as possible. She’s just awesome to work with and we are ever grateful to her for helping us secure our home.
Your professional and expert knowledge in your field has been a fantastic resource for new clients. The ladies have a great understanding and ability to convey this information to clients. I have put my trust in them and have always been reassured that they would help me through this process the whole way. A supportive and encouraging team and I would highly recommend to all people considering their service.
A very professional and courteous service with information constantly being updated. I would highly recommend this Nicole Cannon to anyone.
Nicole Cannon is the best broker I have ever worked with and I have used many other brokers over the years. She took the time to understand my needs and has a very proactive and pragmatic approach to sniffing out the best deal. Nicole also has an impressive network and her knowledge of the industry is second to none. Not only will I recommend her to all my friends, I shall be using her again and encourage others who read this to use her as well!
I have two small children and my wife and I are both working, so our time is extremely tight and finding time to do anything during normal business hours is almost impossible. Nicole was always not only completely accommodating of our schedule and able to meet us after hours at short notice, she always did so with a big smile and a friendly manner.
As well as being friendly and easy to deal with, Nicole really knows her game. She was well schooled in the best deals in the market each time we met her and did whatever it took to get us the best home loan overall. I’ve been unimpressed by other mortgage brokers in the past, so had done my homework though other lenders and could never beat the deals that Nicole was not only bringing to me but doing all of the hard work in getting the applications completed. I would recommend Nicole to anyone. 10/10.
Very fluent service and understanding what I need! I was thoroughly impressed by Nicole’s attention to detail and a focus on exactly what I required.
Nicole was very professional and yet approachable. She organised my daughter and her partner’s first home loan. She did a great job, and graciously answered myriads of questions. Nicole made the process simple and took the stress out of loan hunting for them, allowing them to concentrate on finding a home. She then juggled the refinancing of multiple loans for us which enabled us to act as guarantor for our daughter. Nicole suggested amalgamating our loans with the same provider as my daughter and also guided us through the sale of an investment property. Unexpectedly, Nicole managed to save us a lot of money on our own mortgages as well.. an added bonus! We highly recommend Nicole, and have already passed on her name to friends and colleagues.