Debt consolidation can be a financial risk

Published 25 Apr 2020

While it might seem like a good idea to consolidate high-interest credit card or personal loan debt into a low-interest mortgage, by accessing your home equity, be aware that this can backfire if you end up with a monthly home loan repayment that will overstretch your budget.

As seen on

Media - The Sydney Morning Herald
Media - Yahoo Finance
Media - News.com.au
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business