Debt Consolidation
Consolidate Your Debts for a Simpler, More Manageable Financial Future.
If you're finding it difficult to manage repayments on loans, credit cards, and other debts, debt consolidation could be the solution you need.
Combine your existing debts into one manageable monthly payment. Debt consolidation allows you to combine multiple credit arrangements into a single loan or mortgage, simplifying your monthly payments. Since mortgage and loan interest rates are generally lower than those of unsecured debt, consolidating your debt could reduce your overall monthly expenses.
Many people choose to use the savings from consolidation to overpay their mortgage, which helps them pay off the debt faster while benefiting from a lower interest rate.
However, it's important to be aware that by consolidating unsecured debt into your mortgage, you may end up paying more in interest over the long term. Additionally, you're securing previously unsecured debt against your home, which means your property could be at risk if you have trouble keeping up with repayments.
We will explain all of your options in detail, ensuring you're fully informed before deciding if debt consolidation is the right choice for you. It's not a decision to take lightly!
Even if you have experienced credit problems in the past, we can assist you. We work with lenders who accept applicants with CCJs, defaults, arrears, and other adverse credit issues.
Even with previous credit issues, we can help!
Call us now at 01392 927327 to speak with one of our friendly advisers, or use our simple contact form and we'll get back to you as soon as possible.
Think carefully before securing debts against your home. Your home may be repossessed if you fail to keep up with mortgage repayments.
