Debt consolidation loans – low rates & efficient approval
Take control of your debts with lendlab’s tailored solutions, designed to simplify repayments and suit your unique financial situation.
Won’t affect your credit score
Rating
5.0
Based on 2,200+ Reviews
Award-Winning Brokerage
What is debt consolidation?
Debt consolidation is the process of combining multiple existing debts – such as credit cards, personal loans, or other borrowings into a single, manageable loan. This simplifies your repayments by replacing several payments with one straightforward repayment, often making it easier to track and control your finances.
Why choose a lendlab loan for debt consolidation?
At lendlab, we specialise in making debt consolidation straightforward and stress-free, leveraging two decades of expertise to find the ideal loan that protects your credit and meets your goals.
Expert matching
Our team analyses your credit file to pair you with lenders offering suitable terms, ensuring a smooth process without unnecessary hard checks.
Quick process
Receive a personalised quote in just 60 seconds, with potential approval in 24 hours and live chat support throughout.
Award-winning service
Backed by over 2,200 five-star Google reviews and top awards from NFC, UFS & COG Aggregators, we deliver professional, transparent experience
Credit protection
We use soft credit checks to safeguard your file, only proceeding to hard checks with your notification and consent.
Our 4 step process
lendlab removes the hassle of finding a great-value loan. Our straightforward four-step process saves you time and puts you first—every time.
STEP 1
Complete your rate quote
Get quotes in less than 60 seconds!
STEP 2
Revise your quote
Edit your loan amount and term.
STEP 3
Complete your application
Upload any required documents.
STEP 4
Choose your product
Sign your credit proposal and get approved confidently.
Loan options made for you
lendlab offers flexible debt consolidation loans customised to your objectives, whether prioritising low repayments, efficient turnaround, or overall simplicity for everyday Australians.
Term flexibility
Choose from 2 to 7 years to align with your budget and repayment preferences.
Loan amounts
Access funding starting from $10,000 to cover multiple debts effectively.
Personalised choices
Upon application, review multiple products to decide based on your specific needs and priorities.
Debt consolidation loan repayment calculator
Use our debt consolidation loan calculator to help estimate your repayments.
Estimated Repayments*
Pre-qualify and check your credit score today.
Your credit score plays a big role in whether you’re approved for loans, and it directly affects the interest rate you’re offered.
- Understand how lenders see you.
- Get better deals.
- Applying with us won't impact your credit score.
Find the perfect loan
Unlock the right debt consolidation loan through lendlab's innovative online platform, where transparency and user-friendly tools guide you every step.
Portal access
Secure login to track progress, upload documents, and communicate with your assigned analyst for live updates
Pre-approval options
Shop confidently with pre-approvals, knowing hard checks are minimised unless essential.
Transparent journey
We simplify credit with clear fees and processes, emphasising confirmable credit for better outcomes.
Multiple objectives
Tailor your loan to goals like lowest repayments or efficient funding, with expert guidance.
Our Awards
An award-winning brokerage recognised for broker innovation excellence, lightning-fast approvals and proven trustworthiness.
What we offer
Loan Amounts*
$10K - $150K
Loan Terms
2 to 7 years
Early Termination Fees
Yes
Interest Rates*
5.95%
5.95%
Instant quotes
In 60 seconds
*Rates and repayments are estimates only and may change without notice. Displayed options are not a formal credit offer. Unsecured loans have fixed rates from 5.67% to 29.99% (comparison rate 5.95%) for amounts between $10K – $400K. Secured loans have fixed rates from 5.67% to 29.99% (comparison rate 6.90%) for amounts between $10K – $150K. Loan terms range from 2 to 7 years. Interest rates depend on vehicle age, eligibility, credit assessment, including home ownership, and apply only to new or demo electric vehicles up to 12 months old with under 5,000 km. The comparison rate is based on a $30,000 loan over 5 years and may not include all fees and charges. Different amounts or terms may produce a different rate. All lending is subject to criteria, fees and conditions, which are indicative only as published.
*Fees: An early termination fee may apply based on the lender’s payout figure. Application fees range from $0 to $995. Monthly account fees range from $0 to $15. Repayments can be made weekly, fortnightly or monthly. Brokerage fees may apply, refer to our credit guide for full details.
Debt consolidation FAQ's
What is debt consolidation?
Debt consolidation combines multiple debts into one loan, simplifying payments and potentially reducing overall costs through a single manageable repayment.
How does lendlab protect my credit?
We conduct soft credit checks initially to provide quotes without impacting your score, notifying you before any hard check.
What debts can I consolidate?
Commonly include credit cards, personal loans, and store cards; contact us for specifics on your situation.
How efficient is approval?
Quotes in 60 seconds, with many approvals in 24 hours, supported by our efficient online process.
Do I need confirmable credit?
It’s helpful for optimal terms, like having prior loans or open accounts, but we assess individually.
What if I want no hard check?
Inform us, and we’ll explore panel lenders who can approve without one until the final stages.
How do I apply?
Start with our free quote tool online, then access your portal to complete steps seamlessly.
What support is available?
Live chat, assigned analysts, and transparent updates ensure a smooth, professional experience throughout.
Get a quote
Discover your debt consolidation loan options without impacting your credit score.
