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Debt Consolidation

Features & benefits

  • Consolidation of outstanding

    Having only one (1) Debt Consolidation account to manage

    Ease of repayment of having to deal with only one (1) Financial Institution

    Better control of finances with disciplined fixed monthly repayment

  • Loan tenor
    Available from one (1) to 10 years for affordable monthly repayment (conditions apply)
  • Attractive interest rates

    Enjoy interest savings

    Faster pay down of outstanding

  • Revolving Credit facility

    Enjoy perks and benefits with HSBC Visa Platinum credit card

    Credit limit equivalent to your monthly income

Overview

HSBC Debt Consolidation Plan is a refinancing programme to consolidate the outstanding from all your existing unsecured credit facilities and is bundled with a revolving credit facility as a convenient mode for managing your daily financial needs.

Debt consolidation loan

Consolidate the outstanding balance from all your existing unsecured credit facilities into a term loan with fixed monthly repayment.

Revolving credit facility

Manage your daily financial needs with HSBC Visa Platinum credit card which gives you more savings.

Enjoy promotional Interest rates* when you consolidate your outstanding balances with HSBC's Debt Consolidation Plan
Tenor (years) Equivalent flat interest rate (p.a.) EIR (p.a.)#
1 - 7 4.0% 7.5%
8 - 10 5.7% 10%
Enjoy promotional Interest rates* when you consolidate your outstanding balances with HSBC's Debt Consolidation Plan
Tenor (years) 1 - 7
Equivalent flat interest rate (p.a.) 4.0%
EIR (p.a.)# 7.5%
Tenor (years) 8 - 10
Equivalent flat interest rate (p.a.) 5.7%
EIR (p.a.)# 10%

Apply for a HSBC Debt Consolidation Plan

Apply online

Step 1: Download and complete the application form below.

Or, if you are refinancing your existing Debt Consolidation Plan, download and complete the second refinancing application form below.

Step 2: Upload the completed application form together with the supporting documents by clicking on the button below.

Please Note

Upon approval of Debt Consolidation Plan application:

  • No cancellation is allowed
  • All existing unsecured credit facilities will be suspended/closed

Need help with your application?

Wish to speak to our telesales agents about HSBC's Debt Consolidation?

Leave us your contact details and we will be in touch within 3 working days (during office hours).

Otherwise, you may also call the hotline at 64994855 (9am to 6pm on weekdays, excluding public holidays), or visit us at any HSBC branch.

Things to note

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