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Juggling too many debts?
Consolidate them.

Well helps you to consolidate all those high interest
debts into one manageable home loan.

Getting your finances under control. You're in good hands.

Sometimes it can feel like you're stuck with so many debts that you're just managing to get by. Well might be able to help get rid of those debts into one easy to manage mortgage with a debt consolidation loan.

Feel like you're just spinning your wheels?

We all start our financial journey with grand plans of being able to get ahead all the time. But life doesn't work that way. There are times where you've ended up with multiple debts that you're only just managing with and all those plans don't seem to be any closer.

With a Well debt consolidation loan, you can refinance your existing home loan and a bunch of those high interest debts into one easy to manage mortgage. Get back on track the Well way.

Just because you don't fit the banks ideal tick boxes, that doesn't mean you're stuck.

How can Well help you with consolidating those debts?

Life happens. We get it. So do more debts than you planned to have.

Multiple debts made simpler

Your current situation might include late payment fees on some of your bills, credit cards reaching their limit, final notices or even the threat of repossession.

We can consolidate an unlimited number of debts into one simple loan, so long as you'll be better off by doing it. Some of the types of debts we can consolidate include Credit Cards, Personal Loans, Car Loans, Private Finance, Tax liabilities or even other Business Debts.

Less stress, less paperwork

Stressed out with the number of debts you're juggling?

We get it.

By consolidating, Well can hold your hand through the whole process and help to streamline your finances.

Imagine just having one, single repayment to worry about?

Save on interest

In most cases, you're going to end up saving on interest payments.

While it's important to get onto a debt consolidation early, those high interest paying debts like credit cards can add up a lot over the long run.

By consolidating all these into one home loan, you'll end up reducing those debts into one single home loan repayment.

Get the help you need

When it feels like no one else can help you out, you need to start with Well.

Apply for a debt consolidation loan

Are you experiencing financial difficulties?

It is a good idea to get financial advice if you are juggling debts and not sure what the best course of action is for you.
There are free legal advice options across Australia. Check out the Money Smart site from ASIC for help.

Things you should consider if you're consolidating

Debt consolidation. It sounds great and a lot of times, it is. But like any type of home loan, there's some things that you should always consider before you look to consolidate all your other debts into one single home loan.

Here's some of our tips in getting your finances back on track.

Talk with your current credit provider

While this could seem a bit odd coming from us, we do recommend having a chat with your current credit provider. In some circumstances, you could come to an arrangement with them that helps with your payments. If you don't get anywhere, then that's ok - We'll try to help you instead.

Get some legal help

If you're looking to consolidate your debts because you're having a bit of a hard time paying them off, it's really important to get some legal advice or see a financial counsellor before you get started. We will only consolidate your debts into a home loan with us if you will be better off.

Learn what you can afford

It's important to remember - just because you can borrow something, doesn't mean that you should. Always get to know what your borrowing capacity is, it's what the maximum a lender will actually lend based on your finances. Sometimes, this can be higher than what you need, but with your budget in place you'll know exactly what's going to be manageable for you.

Understand what consolidating can do for you

While some debts can have a high interest rate that makes it harder for you pay off the debts that you owe, it's important to note that consolidating these into a longer term home loan could mean that you will end up paying more interest over the long term. While there are a lots of benefits to consolidation, such as actually being able to afford your repayments again and having some reduced stress levels, it's important to remember the interest implications long term.

So what do I do now?

Too long, didn't read? That's cool. Just hit the link below to apply for a brand new shiny Well Home Loan.

Apply for a Well home loan online now

We make it easy to find a loan that suits you

With just a few simple products, we reduce the stress of having to search through thousands of home loans only to be presented with a few hundred to choose from. A Well home loan is designed with you in mind and caters for your situation.

Well Balanced

A good credit history and can provide evidence of their income.

Borrow up to 95% of the value of your property.

Well Easy

A home loan for those who don't quite meet the mainstream criteria.

Borrow up to 95% of the value of your property.

Well Restore

For those with recent credit impairment, this home loan is designed to help.

Borrow up to 95% of the value of your property.

Steps in the well process


Step 1 - Apply

You can apply via our online application interview. The whole interview can now be done from the comfort of your own home, in your own time.

Step 2 - Verify

A single trip to Australia Post to verify your identity (much like getting a passport) and upload your financial documents for us to review.

Step 3 - Approval

Now we're rolling! This is where we'll provide you with the decision on whether or not we can lend you the money that you've asked for.

Step 4 - Finalise

This is always the most exciting part of any loan. Getting your home loan settled and either moving into your new home, or relaxing with the savings off your old loan.

How we assess your situation

Most other lenders have rigid eligibility criteria, and if you don't fit their mold then you don't qualify for a loan. At Well, we've tailored home loans that can fit different situations.

What you earn

We look at what you earn over a different period of time than a traditional lender. This can suit those that show irregular income over shorter time frames.

What you owe

Using rough percentages isn't the best way to work out exactly what you owe to other people. We get the right information to help you see the bigger picture.

What you spend

Looking at what you actually spend rather than just relying on benchmarks means we know more about your situation. Who even has 2.3 kids anyway?

What's your history

No Credit Scoring! We look at each record on your credit report to get a proper picture of you and your credit history. We don't like to put a score on people's lives.

Home loans shouldn’t be hard

No gimmicks, no hidden fees, no hidden rates. Just simple, easy home loans. The way it should be.

Open and honest

It's about time there's more transparency in the lending process. Why hide it, when we can hopefully help you learn more.

More free time

You can apply online in your own time and at your own pace. No waiting around for someone to visit or ring you.

All about you

We don't rely on benchmarks, averages or estimates. We ask about you and your life, to easily fit the right loan.

Better by design

Choose the features that you want in a home loan. We don't force you to take a bundle of features just to get a lower rate.

Chat 24/7 via Facebook Messenger

Meet Jewell.
Our chatbot with a name that's spelt a little different. Always on and never judging, you can talk about your financial situation, with no embarrassing meetings or phone calls. Just help. When you need it.

Give it a go, right here - just hit the "Send to Messenger" button.

Discover the right solution for you

We're not a stuffy old bank. We're a modern online home loan provider.