Debt Consolidation Loans
Rising costs have left many people feeling stretched to their limits and wanting to do something about their outstanding debt. One option is to consolidate outstanding loans, credit card and store card debt into a single loan with one manageable monthly repayment. Debt consolidation loans are a great option to consider if you find it hard to keep track of your payments.
What is a Debt Consolidation Loan?
If you have a number of debts with different providers and are struggling to keep up with all the payments, you could consider a debt consolidation loan. With these loans you borrow the total amount of your debt from one provider, pay off your existing debts and make a singular payment once a month instead of several. A debt consolidation loan could not only make managing your finances simpler, but it can also help to reduce your monthly payments as you can spread the payments over a number of years.
You borrow enough money to pay off all your current debts and owe money to just one lender.
Refinance your debts
Got lots of debts you want to tidy up? Or maybe you think the deal you’ve got could be better. Check out the personalised rate we could offer you for a debt consolidation loan to see if you can:
- lower the interest you’re paying now
- take control of your debts with one single repayment
- get a more manageable monthly amount to pay
How it all works
Applying for a loan with us only takes 3-5 minutes and you’ll receive an online decision. We offer all other loans from £100 to £1,500, giving you the flexibility to choose the most suitable terms for your situation. We also don’t charge fees. Apply today to see if we can help.
All of our loans are subject to status and affordability.