|You can apply to borrow||£500 to £25,000*||Instant Decision*|
|What is the loan repayment term?||2 months to 10+ years||100% Online|
|How loan does it take to get funds?||Funds in 10 minutes^||Free Quote|
|Do you charge Fees?||We charge No fees||Safe and Secure|
|What if i have poor credit history?||All credit histories welcome||No Obligation|
If you’ve borrowed money from several different lenders, a debt consolidation loan could help you keep track of your money and take control of your finances today. We work with Monevo’s panel of lenders offering loans between £500 to £25,000* to help match you with the best rate available to your personal circumstances, even if you have poor credit or have been refused credit elsewhere, a loan for debt consolidation for bad credit could be the answer.
Having just one loan could be a lot more manageable and straightforward than having numerous payments to a bunch of different lenders. Why not consider taking control of your finances and consolidating all of your payments into one with a debt consolidation loans.
We want to help you and that’s why it’s worth taking considerable time when thinking about a debt consolidation loans. Whilst the payments may be more manageable which is an attraction, you could end up paying more back in interest and over a longer period, so be sure to weigh up the pros and cons of this type of borrowing.
No matter how many loans you currently have, debt can be simply overwhelming. Keeping up with the payments on various loans and trying to find the cash to cover each month after month is nothing short of frustrating. Is there anything you can do to put an end to the problem? Absolutely – a debt consolidation loan could help.
The idea behind this type of loan is to combine your current debts into one debt. Instead of making payments to your credit card company, your car loan company, and on that personal loan you got just a few years ago, you’ll make one monthly loan repayment to the debt consolidation lenders UK to cover all of those debts. Be sure to consider the amount of interest you will be paying back on your loan as it could work out more expensive as you could end up paying back your existing loans over a longer period.