Debt consolidation in Australia is growing in popularity because of the ever increasing number of lenders in the market.

Those with loans that are charging higher rates of interest are replacing those loans with lower rates of interest or moving to a new credit card using a 'honey-moon period' of low interest to pay off these loans.

It makes no sense to be paying 17% interest when you could be paying 5, 10 or 12% on a loan or outstanding debt.

Australians are becoming more aware of how debt consolidation works and the fact that there are other alternatives open to them, whether those are

• getting a debt consolidation loan,
• talking to their creditor and letting them know they want to negotiate paying less
• looking into a debt agreement if they are having trouble paying off their debts

So, if you aren't sure what it is or how it may be able to help you get out there and take a look into debt consolidation Australia!

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• When is a debt consolidation loan the wrong choice?
• Does free debt consolidation exist?
• Why does consolidation work with most loans?
• Why credit card debt consolidation is often very effective
• Student loan consolidation is not as common in Australia
• Why debt consolidation can be hard to get if you have bad credit
• What is bill consolidation?