Debt Consolidation Loans

0% pa fixed for
the first 6 months

Now, here’s something to get excited about. If you've got debts of between $2,500 and $50,000 with other lenders, like personal loans, store cards, credit cards or car finance, you might be able to combine them into a debt consolidation loan at 0% pa fixed interest for the first 6 months and no establishment fee!

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Here’s how it works

  • You can transfer any existing loans you have with other lenders that total between $2,500 and $50,000
  • We won’t charge you a loan establishment fee
  • You’ll pay 0% pa fixed interest for first 6 months
  • Your repayments will be spread evenly across the term of your agreement
  • That means you’ll only pay principal payments for the first 6 months, then principal and interest for the remaining term of your loan.

If you have all the information listed below, it should only take you around 10 minutes to complete the application form, and we’ll get back to you with an initial response within 60 seconds.

Credit assessment and responsible lending criteria and inquiries will apply to all applications. See the FAQs for more information.

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Offer valid for debt consolidation loans between $2,500 and $50,000. Offer only valid for qualifying customers. Responsible lending criteria, terms and conditions apply. Interest rate 0% p.a. fixed for first 6 months. At the end of that period, the applicable interest rate for the remaining term of your loan will be 9.95% p.a. – 22.95% p.a. variable determined by credit risk. Repayments are spread evenly across the full term of the agreement, so the first 6 months payments are principal only, then principal and interest for the remaining term. Mandatory Fees: administration fee of $3.25 a month (other payment frequencies available). Other non-mandatory fees and charges may also apply. Minimum term 12 months. Maximum term 60 months. Security and vehicle insurance may also be required.

Competitive rates

Pay 0% pa fixed first the first six months. At the end of that period our competitive interest rates range from 9.95% – 22.95% pa variable, determined by credit risk. Our APR (which includes interest rates and mandatory fees) ranges from 8.65% – 18.47%. Mandatory account fee of $3.25 a month (other payment frequencies available).

Below is a representative example of a Thorn Finance debt consolidation loan:

Terms and Conditions: Offer valid for debt consolidation loans between $2,500 and $50,000. Offer only valid for qualifying customers. Responsible lending criteria, terms and conditions apply. Interest rate 0% p.a. fixed for first 6 months. At the end of that period, the applicable interest rate for the remaining term of your loan will be 9.95% p.a. – 22.95% p.a. variable determined by credit risk. Repayments are spread evenly across the full term of the agreement, so the first 6 months payments are principal only, then principal and interest for the remaining term. Mandatory Fees: administration fee of $3.25 a month (other payment frequencies available). Other non-mandatory fees and charges may also apply. Minimum term 12 months. Maximum term 60 months. Security and vehicle insurance may also be required.