If you have high interest on credit agreements, several credit agreements or are struggling to pay your debts you may find a debt consolidation loan is right for you. You can reduce the interest rates you are paying currently and even reduce the repayment time. However, you should be careful as you may end up paying over a longer period or paying more interest. There may also be early repayment charges on your credit agreement, so you should be aware of the small print.

Debt consolidation loans are available to almost anyone over the age of 18; irrespective of whether you are a homeowner or not. Non-homeowners are generally allowed to borrow up to a maximum of £25,000 through an un-secured debt consolidation loan. Homeowners will be able to borrow more through a loan that is secured on the home. Applicants will also benefit from being able to choose the repayment period of the loan from 12 months to 25 years.

Before you apply for a debt consolidation loan you should add together the total amounts you owe, remembering to include any early repayment fees or interest you may incur. You may also want to include an amount for emergencies.

If you think a debt consolidation loan is right for you, you should fill in our online application. Interest rates are good at the current time so it could save you a lot in the long run.

If you are considering a loan to consolidate your debt problems, or would just like more information, contact one of our advisors today for a free consultation.

A Typical Example For Loans: £10000 x 60 Months = £208.11/month. Total £12,486.60.The overall cost for comparison is 9.5% APR. The actual rate available will depend on your circumstances. Ask for a personalised illustration, written quotations are available on request. Other terms and amounts are available. Special plans on different terms for clients with CCJs, arrears, and for the self employed without income proof (fees may apply but only on problem cases - max 10% - no loan, no fee) all loans subject to status in the UK to home owners aged 18 and over and may be secured on property.