Rating based on 44 reviews

Money Smart

  • Financial counselling
  • Free tips and advice
  • Plan your future

In-page navigation

Money Smart homepage
Author Money Smart. Screenshot of Money Smart website.
[Accessed March 16, 2023]

About Money Smart

Money Smart is an Australian loan company that offers financial counseling, free tips, and advice regarding your budget and your future planning.

They help Australians take back control of their financial situations because, unlike any other company, they know the difficulty that comes with being over-indebted.

When you find yourself in a predicament with regards to managing your budget, Money Smart is happy and more than willing to assist you. Sometimes making use of your credit card is your only way out, and making a loan is your best option.

Financially change your life with Money Smart

Money Smart was established back in 2008 and it has been up and functioning remarkably well ever since. They continue to climb the financial ladder in the Australian financial industry, due to positive feedback from their clients.

They have helped thousands of clients each year with debt consolidation loans, and with all of these clients, they have had positive outcomes. They can help you get the support you need to reach total financial stability and become debt-free.

Location and working hours

Money Smart is situated in Australia, 1 Mary St Auburn. They operate weekdays, from Monday to Friday starting at 09:00, and remain open for business until 15:00, the afternoon. Their postal address is easily accessible on their webpage.

Money Smart Services

They offer debt consolidation loans and exceptional long-term guidance that will direct the client to stay within their pre-planned spending budget.

Money Smart’s employees live ordinary lives, just like yours. They understand the restraint that financial debt can instigate in your day-to-day life. Their expert team is no different from any other Australian. They face the same challenges and therefore they have empathy towards their clients because they can relate.

An escape route, from financial dept

Money Smart’s debt consolidation loans are all the assistance you need to stay on top of your finances. As it is very easy to stray off your intended budget, and before you know it, land yourself in so much debt that you no longer have the ability to pay it back.

Debt consolidation and personal loans are nothing new for the Money Smart team. They have over 20 years of experience and offer development teaching and coaching, from which you can learn how to manage your finances.

They have immense familiarity and erudition about how the loan industry functions. They know exactly what steps to take and what is necessary to get their clients out of a financial crisis, and therefore they can guarantee their clients' financial freedom.

Money Smart – Debt consolidation loan

  • Loan Type Debt consolidation

Benefits of Money Smart

  • Become debt-free
  • Competitive interest rates
  • Flexible loan terms
  • Affordable monthly repayment

Money Smart has helped thousands of Australians get back on track

Clients with bad credit are, unfortunately, disqualified for debt consolidations, since not all lenders accept bad credit applicants.

In which case, Money Smart would advise such a client to apply for a bad credit loan, with a different lender. To qualify for a debt consolidation loan, it is required for your income balance (after deductions), to be higher than your estimated monthly down-payment. A superb credit history would, without question, be to the client’s advantage.

Steer clear of debt consolidation mistakes

When closing the debt consolidation loan deal, clients are obligated to pay the closing costs. This closing cost consists of a small percentage, calculated from your loan amount, and it would be advisable that clients pay this amount with their own money.

By not paying this closing cost, you end up increasing the total loan amount, and as a result, your loan becomes inflated. These additional costs will be added to your loan amount and you will be expected to pay interest for the whole loan term. Thus, making your monthly payment bigger.

It serves no purpose if the client takes out a consolidation loan that will further indebt the client. The client should rather make sure that the loan has lower interest rates and fees that would, as a result, resolve their problem.

Obtain help and support

Before attempting to apply for a debt consolidation loan with Money Smart, you must compute the sum-total of your debt, the amount you need to loan, as well as the repayments of your new loan.

These calculations can be complex and to make the best decision for your situation, careful analysis is needed. Money Smart provides professional credit counselors who can help you decide on the best decision for your predicament.

Check for debt consolidation applicants

  • Must be an Australian citizen or permanent resident.
  • Full-time employee or reliable income.
  • Above 18 years of age.

 Required documents to apply

  1. Identity Document (passport/medical card)
  2. Proof of income (payslip)
  3. Bank statements (3 months)
  4. Proof of physical address (e.g., utility bill)
  5. List of all existing debt
  6. Details regarding available assets for collateral

 The Benefits of applying with Money Smart

  • Become debt-free
  • Competitive interest rates
  • Flexible loan terms
  • Affordable monthly payments

Customer Reviews & Testimonials

June 2019

I found myself in the middle of a difficult financial situation – I was drowning in debt and did not know how to get out of it. I contacted Money Smart and they gave me a debt consolidation loan ...

Wendy S
— Maitland —

April 2019

Learn the smarter way to manage your money with Money Smart. They will help you to understand the importance and value of budgeting. I can manage my money so much easier now since they assisted m...

John B
— Richmond —

April 2019

Money Smart does their research before granting you a loan; they investigate the financial situation of each individual client to determine the best deal for their situation. I always feel well c...

Andrea S
— Sydney —

Money Smart Contact

Physical Address

Postal Address

  • PO BOX 4000, Gippsland Mail Centre, Victoria, 3841, Australia

Opening Hours

  • Monday 09:00 – 15:00
  • Tuesday 09:00 – 15:00
  • Wednesday 09:00 – 15:00
  • Thursday 09:00 – 15:00
  • Friday 09:00 – 15:00
  • Saturday – Closed
  • Sunday – Closed