Debt Consolidation Loan

Tired of managing and remembering to make repayments on credit cards, store cards, hire purchases and other loans? 

Now you don't have to with a personal loan from Westpac. Combine your debts into one manageable loan and you could save on interest. Find out more about debt consolidation here.


Our interest rates start from as low as 13.95% p.a.* The interest rate offered could be different depending on your financial situation.

Benefits at a glance:

  • you can apply online - it's easy
  • pay one interest rate that could be lower than what you're currently paying
  • make one fortnightly or monthly payment
  • choose from flexible personal loan terms from 1-5 years
  • have the flexibility to make extra repayments at any time without penalty
  • have a set date where you could be debt free

Enjoy the freedom of having your finances sorted. It's time.

Repayments & fees

Personal loans - Fees
Fee typeFee amount
Establishment and documentation fee
$250 per loan
Loan payment failed fee
$25 per time

Overdue payments

For any overdue balance, you will be charged an additional 5% p.a. in default interest until this balance has been paid off.