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Consolidation loan

A consolidation loan will let you pay off other credit and debts so you only have one, lower loan payment each month. A debt consolidation loan can be used to repay credit cards, other loans and store cards to give you a cheaper monthly repayment figure.

A debt consolidation loan can be secured on your property rather like a mortgage and is also known as a secured personal loan, second charge loan or secured debt consolidation loan. They all do the same thing regardless of what name the loan is called.

Debt consolidation loans are also available if you have experienced bad credit such as ccjs or mortgage arrears etc.

 

 


   
 
 
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Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Broker fees may apply. Think carefully before securing other debts against your home. Written quotations available on request. Other terms and amounts available. All loans subject to status in the UK to home owners aged 18 and over and are secured on property.

Special plans on different terms for clients with CCJ’S, Arrears and for the Self Employed without income proof. (fees may apply but only on some problem cases with adverse credit – Max 10% - No Loan, No Fee) * Example £15000 repayable by 300 monthly payments of £116.66. Total repayable £34998.00 APR 8.9%.

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