You could end up lowering your credit score

Published 5 Aug 2020

A consolidated loan can improve your credit rating – but only if you're responsible enough to make your monthly repayments on time. A debt consolidation loan can be both much bigger and last much longer than a standard personal loan, and if you fail to meet your payments your credit rating could take a huge hit.

As seen on

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