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A man writing with laptop; image used for HSBC Australia debt consolidation page.

HSBC Debt Consolidation Loan

Make life simpler. One loan. One payment.

Why choose a debt consolidation loan from HSBC?


Tired of juggling? If you have different debts in different places at different rates needing to be paid at different times, it can feel overwhelming. Just keeping up with what to pay on which date can be tricky.

 

So, make a simple change. Consolidate what you have. Apply for an HSBC Debt Consolidation Loan. One loan. One rate. One fixed monthly payment every month. Borrow what you need, from $5,000 to $50,000 with flexible loans terms from 1 – 5 years. Stop the juggling and start living again. 

For a limited time only

12.99% p.a.
Flat Rate
13.54% p.a.

Comparison Rate

(^Comparison rate warning applies)

Receive funds fast in 3 easy steps

1.Apply Online

Tell us how much you want to borrow and complete the application.

2.Verify yourself online

We can verify your identity and upload your documents online.

3.Receive the funds

Funds will be released to your account the next day upon approval of the loan and acceptance of your letter of offer.

Rates and fees – Debt Consolidation Loan

Rates and fees for a Debt Consolidation Loan

Rates and fees

Details

Fixed interest rate

Flat rate 12.99% p.a.

Comparison rate (^Comparison rate warning applies)

13.54% p.a.

Establishment fee

$150

Monthly account servicing fee

$5

Early termination fee1

$199

Rates and fees for a Debt Consolidation Loan

Rates and fees

Fixed interest rate

Details

Flat rate 12.99% p.a.

Rates and fees

Comparison rate (^Comparison rate warning applies)

Details

13.54% p.a.

Rates and fees

Establishment fee

Details

$150

Rates and fees

Monthly account servicing fee

Details

$5

Rates and fees

Early termination fee1

Details

$199

^The comparison rate is based on an unsecured loan of $30,000 over the term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Fees apply for other account services. Please refer to our current Personal Banking Booklet for full details.

Ready to apply for an HSBC Debt Consolidation Loan?

Are you eligible?

To apply for an HSBC Personal Loan, you'll need to:

  • Be aged 18 years or older
  • Be an existing HSBC Australia customer for at least 12 months; or have an existing Mortgage with HSBC; or hold HSBC Premier status at the time of application
  • Be an Australian citizen, permanent resident, or hold an eligible visa
  • Earn at least AUD40,000 per year
  • Have a good credit rating

Information needed

  • Identification
  • Address details
  • Income and employment

What to expect

  • Apply online
  • Get an instant response in 60 seconds
  • Track application and upload documents online

Debt Consolidation Loan FAQs

How long does it take to apply for an HSBC Debt Consolidation Loan?

You can apply online in around 10 minutes. You will then receive a response in 60 seconds.

How can I see how my HSBC Debt Consolidation Loan application is progressing?

To follow the progress, please click here and use your application reference code. Alternatively, you can call 132 152, or use our HSBC Chat option.

How quickly will I receive the funds for my HSBC Debt Consolidation Loan?

Once approved, the funds from your Debt Consolidation Loan will be credited to your nominated account within 2-3 business days.

What are the fees associated with an HSBC Debt Consolidation Loan?

The following fees apply to an HSBC Debt Consolidation Loan:

  • $150 Establishment Fee.
  • $5 Monthly Servicing Fee.
  • $199 Early Termination Fee1.

These fees are applied to the loan balance and form part of your fixed monthly repayment. Fees apply for other account services. Please refer to our current Personal Banking Booklet guide for full details.

Apply for an HSBC Debt Consolidation Loan

Ready to Apply

By clicking on Get started, you will be taken to our online application and get a response in 60 seconds.

Want to talk later?

Fill in our short online enquiry form and one of our Consultants will be in touch within 2 business days.

If you need additional support with your application, please call us on 1300 131 605 (Monday to Friday, 8:00am to 8:00pm AEST) or visit your local branch.

Important information

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Credit provided by HSBC Bank Australia Limited ABN 48 006 434 162 Australian Credit Licence 232595. Fees, charges, terms & conditions apply. HSBC's lending criteria apply. Visit hsbc.com.au or call 132 152.

All applications are subject to HSBC lending criteria. Personal Loan Terms (PDF, 684 KB)Personal Banking Booklet (PDF, 1.50 MB) apply.

Rate is applicable to new applications. Early termination fee does not apply in the last 6 months of the loan term.