Debt Consolidation

Combine Your Debts Into 1 Loan

If you are struggling to repay credit card loans and other debts, all of them can be combined into one debt consolidation loan with manageable payments. At East Bay Finance, we tailor a refinancing plan to suit your individual circumstances. A debt consolidation loan saves you money and enables you to enjoy more of your life.

We know that nobody is perfect, and we are here to help.

  • combine lots of different payments into one easy-to-manage loan

  • make your payments affordable

  • settle all overdue accounts

  • look at all credit options

  • start afresh with a workable strategy to become debt-free

The minimum for debt consolidation loans is $1,000. The usual securities are vehicles or property. Unlike many other New Zealand finance companies, we will also consider unsecured loans.

Debt consolidation at East Bay Finance comes with numerous benefits. The different payments can be combined into one loan package that is easy to manage. You do not have to worry about spiking interest rates and credit cards from different banks – East Bay Finance takes care of all that. Your payments are now affordable, since they are managed by one financial institution, which is East Bay Finance.

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Ready to get started?

Our professional team of finance experts are highly trained and will provide the refinancing solution you need. For any queries, the customer care team can be reached by email or phone during normal working hours.

How much would you like to borrow?
Repayment Term:
36 months
60 months

Repayment amounts are based on a 8.95% interest rate and are indicative only. They exclude any brokerage, establishment, administration, waiver and insurance fees. These terms may not be available for your loan type. All loan quotes are subject to full application details and lenders conditions at the time of application.

Please read the Responsible Lending Guidelines for more details


Cost of a Loan

We do not offer Short Term loans, all East Bay Finance Loans are for terms of six to sixty months with a fixed annual rate of interest. Our current interest rates start at 8.95% but may be as high as 39.95% depending on credit history, security offered and your overall credit profile. A typical $20,000.00 loan through East Bay Finance would be as follows:

  • Personal Loan Amount $20,000
  • Establishment Fee $440.00
  • Payments over 36 months
  • Interest rate from 8.95% including monthly
  • Admin fee of $15 per month
  • Repayments from $900.00 per month including (optional)payment waiver cover – subject to terms and conditions
  • Annual Percentage Rate 20.7%

This is only an example – please refer to our Fee tab for full disclosure.