Bad debt works against achieving your financial success, rather than for it, and is generally non tax-deductible, as a result Good Debt can be beneficial in helping us to achieve our goals.
A debt consolidation loan is a way to bring together all your debits – credit card, student debt, store card etc – into one so you’ll be making payments in the one place. It also means no multiple annual fees, and one regular repayment, with one interest rate.
Generation Private Wealth will work with you to consolidate all your bad debt (your home loan, credit cards, etc.) into one loan. This is a highly valuable process that means you save interest on your existing debts.
Then we will show you how to “fast track” paying out all bad debt, as a result freeing up money to live the life you want.
One of the most important strategies we teach our clients is how to use an offset correctly. It’s a strategy that can save a mortgage holder thousands in the life of a loan without making any extra payments – just by structuring your loan correctly with a good broker. That is free money in your pocket.
Helping you set up the correct structure with one of our Mortgage Brokers saves years off your home loan