Debt Consolidation Loans
Get an estimate of your repayments
At an interest rate of
Interest rate p.a.^
8.99%
to
29.99%
Your estimated monthly repayment including establishment fee
$0
Total interest paid
$0
Total amount paid
$0
Interest saved
$0
Time saved
0 yrs, 0 mths
0 years, 0 months
This won't affect your Credit Score
Calculator Assumptions
The repayment amount shown using this calculator is an estimate only. The results from this calculator should be used as an indication only, and do not represent either a quote or pre-qualification or approval for a loan. This calculator should only be used as a guide to see how personal loan repayments can vary when you change the loan amount, interest rate, and loan term. Total amount paid includes the loan amount, interest and a $240 establishment fee. Loans with a variable interest rate are subject to change throughout the duration of the loan.
How the debt consolidation process works
- 1
Let’s work out your debt
This could include multiple credit cards and loans with other providers.
- 2
Let’s apply
Our application process is simple, and you can check your interest rate before you apply. Let's get started!
- 3
Let’s handle your payments directly
If approved, we can get rid of the hassle and do all the hard work for you by:
- Organising the consolidation of your debts
- Paying your nominated credit providers directly
- 4
Start making just one payment for all your debts
Gem can do all the organising to consolidate your debts, so you can breathe easier, take a break, and take control. All you need to do is pay down your loan, one easy-to-manage payment at a time. Now that's better.
Compare our fixed and variable loan options to find the right fit
Fixed Loan Best for stability | Variable Loan Best for flexibility |
| Secured interest rate from 8.99 % p.a.^ to 28.99 % p.a.^ Unsecured interest rate from 9.99 % p.a.* to 29.99 % p.a.* | Secured interest rate from 8.99 % p.a.^ to 28.99 % p.a.^ Unsecured interest rate from 9.99 % p.a.* to 29.99 % p.a.* |
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Why choose a fixed rate? A fixed rate provides stable, predictable repayments, making budgeting easier. It's ideal if you want certainty and peace of mind, knowing your payments won't change. | Why choose a variable rate? A variable rate offers flexibility. Ideal if you want to pay off your loan early with fewer restrictions. |
Calculator and tools
Applying for a Gem Debt Consolidation Loan is simple
Frequently asked questions
About my Gem Debt Consolidation Loan
Application and approval
Fees, charges and interest
Important information
^Gem Personal Loan
Gem Personal Loan rates range from:
Variable Loans - 8.99% p.a. to 28.99% p.a. for Secured Loans and 9.99% p.a. to 29.99% p.a. for Unsecured loans. Loans with a variable interest rate are subject to change throughout the duration of the loan.
Fixed Loans - 8.99% p.a. to 28.99% p.a. for Secured Loans and 9.99% p.a. to 29.99% p.a. for Unsecured loans.
Your interest rate depends on your personal circumstances. If you choose to pay your loan off sooner, we will not charge you an early repayment fee. Credit and lending criteria, and fees apply including a $240 establishment fee. Credit provided by Latitude Financial Services Limited.
Example: An unsecured Gem Personal Loan of $20,000 borrowed for three years with an interest rate of 15.99% p.a. (fixed for the life of the loan) would equate to a total repayment amount of $25,613 approximately (including a $240 establishment fee).