What is a consolidation loan? It is a larger loan to repay all the smaller ones with cash to spare if needed. So what is the advantage? Smaller loans including credit cards and hire purchase generally have a much higher monthly repayment, are over a short term and usually charge a very high rate of interest.
Our panel of lenders also have a large range of consolidation loans for applicants with bad credit and adverse credit situations, so no matter your credit history, excellent, bad, poor, adverse, we are sure we can find you the right consolidation loan.

Example: Total the balances on your credit cards, bank loans, car finance, catalogue etc this could be say £25,000, your total monthly payment might be £735.00.
A loan of £25,000 at an interest of 7.7%, repayments can be as low as £183.78 per month saving you over £550 per month in the above example, repayment quoted is over 300 months, shorter repayment terms available.

Ssee how much you can save compared to other types of finance.

Apply Now and have acceptance in principle in 24 hours