Debt Consolidation Loans

If you’re looking to consolidate some of your existing debts then we can help. A debt consolidation loan can be arranged quickly. Credit cards, overdrafts, store cards and overdrafts can all be consolidated into a new easy to manage loan to reduce your monthly repayments.

(We’ll compare across our panel of lenders to find you the cheapest rates available)

What types of debts can be consolidated?

With a debt consolidation loan any type of debt or credit committment can be consolidated. This may include credit cards, overdrafts, store cards or previous loans. The new loan is simply used to pay off your debts so that you have an easier to manage loan and only one repayment to manage each month.


How much can I borrow?

If you need to borrow a large amount of money for example over £20,000 you may wish to consider a secured debt consolidation loan. These types of secured loans are only available to homeowners and can be repaid over the longer term. If you are looking for a smaller amount then a unsecured debt consolidation loan may be a better option. The advisor will be able to assess your needs and present a range of options to you. If you wish to get an idea of how much a loan may cost then take a look at our secured loan calculator to get an idea of costs and monthly repayments.


Can I get a debt consolidation loan with bad credit?

Yes. There are a range of lenders who will accept applicants with bad credit credit issues. This may include CCJ’s, defaults or previous missed payments. Some lenders will also accept applicants who have previously been bankrupt. The advisor will be able to present a range of options and lenders that match your needs and credit rating.


Do you offer loans to self employed applicants?

Yes. There are plenty of lenders on our panel that offer loans for self employed people. This also includes contractors, company directors and new business owners. Each lender will have their own income proof requirements and our advisors will be able to advise you on what is required as part of the applicant process.


Do you offer debt consolidation loans against buy-to-let?

Yes. If you are a landlord and have a buy to let investment then we can arranged secured loans against buy to let property. The loan funds can then be used for any legal purpose such as debt consolidation, home improvement or to buy further BTL properties. Loans can be arranged on both a first and second charge basis from 85% loan to value and can be repaid over the long term.


Do you offer secured debt consolidation loans?

Yes. We can provide you with a secured debt consolidation loan with a choice from 19 second charge mortgage lenders within the market. Like a mortgage the debt consolidation loan is secured against your home or a BTL property investment. Loans can be arranged from £5,000 plus and are repayable over the longer term and can be used for multiple purposes. A secured loan broker will be able to provide you with a personal quote when you request a quote here on the website.


Can I get a debt consolidation loan with an instant decision?

Yes. Apply for a loan here and we’ll get back to you with a decision asap. Assuming we have all the application information from you we should be able to get back to you with an instant decision on your loan.