Debt consolidation is considered one of the effective ways of handling excessive debts repayment. However, is this true? Should you go for debt consolidation? Financial expert Graeme Holm helps us to answer this question. Holm is the founder and a director of Infinity Group Australia. This company is found in Australia and helps Australians with debt reduction and money management issues. There are very many Australians struggling with excessive debts and have no working solutions to get out of debts. It is for such reasons that debtors are using the debt consolidation route to minimize the debts. Graeme Holm understands the frustration that these people are going through and has a solution to their dilemma.
Graeme Holm discourages debtors from using debt consolidation. As a financial expert, he believes that it does not work. Debt consolidation is a way of consolidating all the loans and paying them at a certain interest rate. In the end, what you will realize is that there is no much difference with the paying each loan separately. You will still be subjected to the same high-interest rate and long repayment period.
Infinity Group Australia is offering long-term solutions to financial management needs. They have a plan that incorporates training of their clients on financial management. The lesson you get by working with Infinity Group will last a lifetime. As their client, you will be shown how to go about creating a cash-based budget. The main goal of the Infinity Group Australia is to lower the amounts of money spent on frivolous expenditure. If Australians are shown how to create budget plans which discourage wastages, the verdict is already out that they can save more. Where is the verdict? The results of the clients who have already worked with the Infinity Group Australia are proof that it is possible to clear loans repayment in a very short time, by taking care of the household budget.
In five years, Infinity Group Australia under the leadership of Graeme Holm has offered financial solutions to hundreds of Australians who have agreed to work with them. Their clients are saving an average of $41,000 in a year. Also, projections show that it will take about 7-10 years to complete repayment of loans which could have taken 30 years.
Once the company has helped the client to develop a budget plan, they do not stop there. They make a follow-up plan which ensures continuous review of the clients’ budgets. Each client is assigned a personal trainer.
The reviews that Infinity Group Australia has been getting are phenomenal. Clients are very happy with the outcome of the plans. In a short time, clients who worried about their financial status because of excessive debts are becoming debt free.
The impact is felt in the whole financial industry. Infinity Group Australia has surpassed many companies in the region with an impressive delivery of innovative solutions. In a recent review by the Australian Financial Review which measured the most innovative companies, Infinity Group came out at number #58. Learn more: https://medium.com/@graemeholm