Debt Consolidation Loans
Debt Consolidation Loans
Debt consolidation loans are loans for home owners or non home owners (private tenants, council tennants
or people living with parents). Home improvements, cars or autos, holidays, weddings, divorce, there are many modern demands that people
have in their lives and often the cash is not available to pay for everything so many people have lots of different debts (loans, credit cards,
overdraft). Debt consolidation loans can combine these debts making repayments easier for you to cope with and usually cheaper as well so a
debt consolidation loan could save you money.
Debt Consolidation for People with Bad Credit
Bad credit debt consolidation loans are currently very popular because there are so many people who have adverse credit (ccj, default, mortgage arrears, rent arrears, bankruptcy). It is very easy
to miss or make a late payment to a credit card or a utility bill company and with many lenders this could reduce your chances of borrowing a
debt consolidation loan. This site should give you access to lenders who can help you even if you have a lot of poor or adverse credit and your
credit rating is low. We deal with people every day who have the following problems.
- CCJs (county court judgements)
- Defaults
- Mortgage arrears
- Rent arrears
- Missed credit card or loan payments
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Debt Consolidation Loans Benefits
There are many reasons why people need loans and there are many benefits to having one of our debt consolidation loans. Here are some common
examples but if you have a different reason then don't worry, you should still apply.
- Reduce outgoings - Combine all your current credit so that you reduce your monthly repayments and make your debts more manageable.
- Reduce term - Reduce the term of your credit so that you can pay it off quicker and be free from your debts sooner.
- One monthly repayment - Combining all your debts and reducing the number of creditors that you owe usually makes it easier
to manage your finances.
- Low rate - Combining several small loans into one simple debt consolidation loan can mean you get a low rate because
lenders offer lower rates for big debt consolidation loans.
Debt Consolidation for Home Owners
Home owners will often find they can draw on equity in their property in order to get a secured
debt consolidation home loan. Home owner loan rates are generally lower than unsecured personal loan rates because often debt consolidation loans
are bigger and the lenders are less exposed to risk as they have security of the home that the homeowner posesses.
Debt Consolidation for Non Home Owners or Tenants
Non home owners or tenants including private tennants, council tennants or people living with parents, may find it harder to obtain
a debt consolidation loan. However there are many finance companies who are are able to help non home owners obtain unsecured personal loans
or explore options which can be used to manage and consolidate debt.
What Next?
Click on the "Apply Now" button above and a short enquiry form will open. Our lenders can be flexible, some even offer up to 125%
home loans, some can sometimes help any amount of adverse credit. If you don't rate your chances you may be surprised by us.
We can often help regardless of your employment - people on DSS benefits, disability benefit, self employed.
Sending your debt consolidation loan enquiry takes just a few seconds. You should not have to wait long for a decision.
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