Antallica 15 Report post Posted January 15, 2009 Hey guys, I'm looking at consolidating my ridiculous debts into one and wondering what companies are regarded as good to be with. Cheers in advance Quote Share this post Link to post Share on other sites
CamB 48 Report post Posted January 15, 2009 (edited) Whomever is going to screw you over the least. Ask them to provide you with: i) the interest rate ii) the interest rate over the life of the agreement including all of their costs and fees they charge you. The only way you can compare the cost is with (ii). Edited January 15, 2009 by CamB Quote Share this post Link to post Share on other sites
pjay 8 Report post Posted January 15, 2009 ASB. 10% Quote Share this post Link to post Share on other sites
Guest Si Vis Pacem Report post Posted January 15, 2009 Hey guys, I'm looking at consolidating my ridiculous debts into one and wondering what companies are regarded as good to be with. Cheers in advance Do you have a mortgage? Quote Share this post Link to post Share on other sites
Antallica 15 Report post Posted January 15, 2009 Do you have a mortgage? Unfortunately I have essentially nothing. Working through my divorce at the moment. Quote Share this post Link to post Share on other sites
Guest Si Vis Pacem Report post Posted January 15, 2009 Unfortunately I have essentially nothing. Working through my divorce at the moment. Bummer! As you will no doubt receive advice to shop around, another best approach to a loan is to negotiate the shortest payback term as possible. Quote Share this post Link to post Share on other sites
kiwi535 538 Report post Posted January 15, 2009 shop around,best bet would be to approach your current bank???Screw THem to the wall as much as you can after you have done some shopping at other places. Quote Share this post Link to post Share on other sites
Antallica 15 Report post Posted January 15, 2009 Yeah I am currently changing from ASB to BNZ and noticed they do consolidation as well. Might hit them up. Only problem is my lack of security and the amount I'm looking at doing. Quote Share this post Link to post Share on other sites
Wom 0 Report post Posted January 16, 2009 definitely do it through a bank, you'll get the cheapest interest rate and they'll actually try to help you and not rip you off I got mine through National, started off on 10.50% but as the Reserve Bank kept raising interest rates, my loan kept going up. Wound up at 11.75% in the end, which is still a fairly good interest rate for a non-mortgage loan. All paid off now, extra $90 a week in my pocket Quote Share this post Link to post Share on other sites
320guy 0 Report post Posted January 16, 2009 GE Money fo sho. Nah I dunno. Quote Share this post Link to post Share on other sites
Antallica 15 Report post Posted January 16, 2009 Thanks guys, I'll start with my bank and go from there Quote Share this post Link to post Share on other sites
Sick Puppy 1 Report post Posted January 18, 2009 PSIS are pretty good, pretty competitive rates and unlike ASB they don't require loan insurance- means your entire loan payment goes towards the loan Quote Share this post Link to post Share on other sites
M325is 0 Report post Posted January 18, 2009 I would opt for loan insurance anyway, you never know when you will get f**ked over in an accident. Its only like $3 a week. Quote Share this post Link to post Share on other sites
Sick Puppy 1 Report post Posted January 19, 2009 I would opt for loan insurance anyway, you never know when you will get f**ked over in an accident. Its only like $3 a week.I wish- mine was $15 a week, and the only thing it covered was the loan. ASB wouldn't budge, so I changed. Quote Share this post Link to post Share on other sites
yng_750 247 Report post Posted January 24, 2009 my personal favorite is getting life insurance and faking your own death then leaving all your posesions to miguel sanchez aka your new identity Quote Share this post Link to post Share on other sites
