This calculator is designed to help determine whether debt consolidation is right for you.
Enter your credit cards, auto loans and other installment loan balances by clicking on the "Enter Data" button for each category.
Such information is not part of any credit application with us.
The accuracy of this calculator and its applicability to your circumstances is not guaranteed and actual results may vary.
Debt Consolidation Loans are effectively a “con” because they create the misconception that your are doing something proactive about your debt problems.
At the end of the day, the debt is still there, as are the habits that caused it – all you’ve really done is grouped your debt together. If you were stuck in a hole in the ground, would you dig your way out of it? Debt Consolidation Loans are not the answer for your debt problem. The National Credit Act formally introduced Debt Counselling to assist over-indebted consumers like yourself by developing a repayment plan, which is affordable to you as well as acceptable to all your Credit Providers.
The FNB ONE ACCOUNT is a cheque account with an overdraft facility that is secured by your property.