Debt Consolidation: a great way to get your debts down to one, easy-to-manage loan
Get all your debts down to one
Juggling high interest debts on credit cards, hire purchase and other loans can be really stressful. With a PSIS Debt Consolidation Loan you get all your debts down to one and free up some extra cash for those day-to-day expenses.
Structured repayment plan
We take the time to sit down with you to work out a repayment plan that fits your budget. You’ll have one regular payment which makes it easy to keep track of what needs to be paid by when. We can even match the repayments to your payday if it makes it easier for you.
Competitive interest rates
We offer competitive interest rates and if you own an asset which can be used as security, such as a house or car, we can offer you an even lower interest rate.
Work out how quickly you can pay off your loan, or check to see how much you could be saving with a lower interest rate by using this calculator.
Flexible repayment options
You can take up to five years to repay the loan and you can make repayments weekly, fortnightly or monthly – we can even match your repayments to your payday. Repayment terms are based on the amount you want to borrow and the term of the loan you choose.
No fees for early repayment
You’ll also have the flexibility to make a lump sum or early repayment without having to pay early repayment costs.
Decisions made fast
We'll work fast to give you an answer – if you have all of the required information at the time of applying we can usually make a decision by the next business day.
Get insured and save money
When you take out at least two eligible PSIS insurance products you'll qualify for a discounted interest rate on your Debt Consolidation Loan. Ask us about which insurance products are right for you.
Apply for a PSIS Debt Consolidation Loan today
To apply for a Personal Loan, drop into your local branch, or contact us today on 0800 AT PSIS (287 747).
To get started now, download a copy of the application for credit - $3,000 and under form (PDF 67KB) or the application for credit - over $3,000 form (PDF 79KB). You'll need Adobe Acrobat Reader. If you don't have it, don't worry - it's free. Just visit the Adobe site to download a copy.
PSIS is not a registered bank, but a very co-operative co-operative.
Interest rates are subject to change. All deposits are secured by First Ranking Stock and rank equally with all existing deposits with PSIS Limited. An Investment Statement and a current registered Prospectus are available from any PSIS branch or can be downloaded here. For all lending products, PSIS Limited lending and insurance criteria, and fees apply.
