Consolidating your personal debt allows you to bring all your smaller loans together into one and could mean you could end up paying less in interest and fees. Use our debt consolidation calculator to see how much your repayments could be by bringing them together with a NAB personal loan.

Please note: your personal debt does not include any home loan debt you may have.

Why consolidate your loans?

Having one loan usually outweighs the benefits of having a lot of little debts and this may:

  • free up some cash by reducing the amount of regular debt repayments
  • allow you to take advantage of a good deal with lower rate or fees
  • simplify your commitments by having a single repayment – meaning you’ll have a better idea of when you’ll be debt free.

Important information