Reach out to us and simplify your finance and lower your interest rate.

Debt. Consolidation Loan

Consolidate all your existing loans into one and manage your instalments in one monthly payment with EFT capital

Debt consolidation combines multiple debts into a single payment. It can work for consolidation for bad credit and also if your debt isn’t too much and you have good credit and a plan to keep debt in check.


$2,000 $20,000
26 weeks156 weeks
Your repayments are every weeks

The information which you calculate from this calculator is intended for use by you as a guide only. It is not an offer and has no legal effect on any contract entered into by you 'the client'. This simulation and the resulting calculations do not constitute a loan application or offer. The figures and formulae used within this calculator may change at any time without notice. Should you apply for any loan, we will make our own calculations. All repayments are displayed 'are guide only', repayments as a result of this simulation have no legal offerings. EFT Capital accepts no responsibility for any losses arising from any use of or reliance upon any calculation or conclusions reached using the calculator. Information provided on this calculator does not constitute an offer of finance. Any loan request is subject to assessment against normal lending criteria. Fees and charges may apply.

Total you will Pay:

When debt consolidation is a right move

  • Your total debt excluding mortgage should not exceed 40% of your gross income.
  • Your credit score is good enough to qualify for a 0% credit card or low-interest debt consolidation loan.
  • Your cash flow consistently covers payments toward your loans.
  • You have a solid plan to prevent running up debt again.

When debt consolidation isn't worth it

  • Consolidation isn’t a silver bullet for all your debt problems. It’s not the solution if you’re overwhelmed by debt and have no hope of paying it off even with reduced payments.
  • If your debt load is small and you can pay it off within six months to a year with your current pace.
  • Try a do-it-yourself with a debt payoff method instead.
  • If the total of your debts is more than half your income, and your loan advisor believes that debt consolidation is not your best option, you’re better off seeking debt relief than treading water.

Debt Consolidation Loan with EFT Capital

Loan amount Secured options Loan term
$2000 – $10 000 Unsecured or secured 6 months to 3 years
$10 000 – $20 000 Secured only 6 months to 3 years

Check your eligibility

Apply For loan

Submit an application online. Apply Now

Upload all your supportive documents to your application or you can email it directly to us: Documents will be 2 payslips, 3 month bank statement, copy of driver’s license or passport, medicare card or bank card

Our loan specialist will review your application and contact you to discuss

If approved, loans terms will be provided and contract issued

Client to sign contract electronically or manually

Funds transfers to your bank account

Quick Links


EFT Capital can process a loan for any Individual that meets the below criteria:
  • Over the age of 18yrs old
  • Currently an Australia Citizen, residents or hold a valid working visa
  • Have a bank account that is lined to internet banking
  • Have regular income going into a bank
  • Have at least 90 days of bank statement (we can supply you with a linked to easily upload)
Our online application process should take you no longer than 10 minutes. Once we’ve received your online application is, we’ll make sure a staff member process it within 24 hours. In most cases you will have an answer within hours.
Yes we do accept application from individuals receiving government benefits. EFT Capital will take good care ensuring you can afford a loan under our responsible lending requirements. There are many other options before applying for a loan:
Unfortunately no, whilst you under any debt agreement we won’t be able to assist. If you have been successfully discharge we will be more than happy to accept an application.
Yes, as a responsible lender we will preform a credit check. EFT Capital assist people that have bad credit or no credit rating at all. We current use the below Credit reporting body:
Fees and interest are subject to a full assessment being conducted. Our friendly staff member will be able to provide you with repayment amounts once a assessment has been completed.
If you are a new client there is good chance our team will contact your employer to verify your employment. We will be very discreet and not disclose any personal information about your loan application
Our loans range from $2000 - $20000 Please note all loans over $10 000 will have to be secured by a motor vehicle. If we are unable to provide you with the loan amount you requested, we will look at offering you a reduced amount. A further explanation will be required to ensure the reduced will be suitable for your needs.
Absolutely yes. We here to assist our existing client for any requirements they might have. Please get in touch without staff to discuss your options.
Our friendly staff member will contact you as soon as a decision has been made. We can then discuss the terms of the offer.
Once we have got confirmation you have signed our loan contract, funds will be transferred directly to your bank account. In most case the funds will clear your account instantly.
Yes, we don’t charge any penalties for early payouts. We encourage any-one to make additional repayments to save yourself interest charges.
Applying with EFT Capital is completely free. If we can’t assist you with your finance request, a staff member will notify you and answer any further questions you might have.