DEBT BUSTR LOANS

A BETTER WAY
TO SAY
GOODBYE TO
DEBT

Find out if you can save money and get debt free sooner with rates from 9.04% comparison 9.88% * for excellent credit.

SAVE TIME AND MONEY

  • ONE EASY-TO-

    MANAGE LOAN

  • SAVE ON

    INTEREST WITH

    A LOW RATE

  • KNOW WHEN

    YOU'LL BE DEBT

    FREE

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THE WISR DIFFERENCE

NOT YOUR AVERAGE LENDER

We’re smart, with a big heart.

  • Your loan estimate rate is tailored based on your credit score.

  • You’ll get an outcome that’s right for you.

  • With no early repayment fees.

  • You’ll receive exclusive content to keep you on track.

  • Our customer service team is ready to help.

TESTIMONALS

For the part of you that learns from others

The Process

We keep it simple

  • 01

    Get your personalised rate estimate 
in 2 minutes

  • 02

    Apply online and get a response right away

  • 03

    Upload your documents

  • 04

    Sign on the digital line

  • 05
PRODUCT FEATURES AND FEES
  • Loan Purpose

    Debt Bustr

  • Interest rate

    Fixed from 9.04% to 23.29%

Eligibility criteria
  • Gross income over $25,000 p.a.
  • Over 18 years of age
  • No unpaid defaults last 5 years
  • No bankruptcies last 7 years
  • Not currently in financial hardship
  • Permanent Australian resident (living in Australia right now)

Can anyone use Debt Bustr?

Sure, anyone can use the Debt Bustr approach and calculator to get a clearer picture of their debts. Bringing all your debts into one place is a really helpful exercise to give you an idea of their true cost.

So I’ve used the Debt Bustr calculator, what’s my next move?

Once you’ve crunched the numbers, you’ll have a good idea of whether a Debt Bustr loan with Wisr is the right move for you. If you think it is, you can then get a personalised consolidation estimate.

How does taking out another loan get me out of debt quicker?

We know, it sounds counterintuitive, right? But the purpose of taking out a Debt Bustr loan is to use it to pay off all your other debts. This may include debts on products like credit cards that can increase month-on-month due to compound interest or just making the minimum monthly repayment.

How much can I borrow with a Wisr Debt Bustr loan?

This will depend on your personal situation. As a guide, we offer Debt Bustr loans between $5,000 and $62,000 with flexible loan terms of 3, 5 or 7 years. To be eligible, you must be a permanent Australian resident over the age of 18 and have a gross annual income over $25,000.

FAQ

FOR THE CURIOUS

  • A Debt Bustr loan works in the same way as a debt consolidation loan, and is a loan that’s used to clear the outstanding balances on other credit products, such as credit cards, personal loans or Buy Now Pay Later. You can use the loan to repay just one debt or multiple.

    If the Debt Bustr loan has a lower interest rate than what you’re currently paying on your other debts, you may be able to save money by paying them off with the lower rate loan aka refinancing. You could also bring forward your debt-free date with a new repayment plan. Plus, if you’re paying off multiple debts, refinancing will give you just one easy-to-manage repayment to track.

  • THE BORING (BUT IMPORTANT) STUFF