DEBT CONSOLIDATION LOANS AT BEST APR %

Debt Consolidation Loans

Debt consolidation loans are useful if you have many creditors, and may be falling behind in repayments. Consolidating your debts into one manageable loan, usually at a lower interest rate and with repayments over a longer period of time will reduce your monthly commitment significantly.

We specialise in secured debt consolidation loans as this allows for a significantly lower interest rate. The loan is secured against the equity of your home, reducing the risk to the lender, allowing them to offer you a much better Annual Percentage Rate (APR) and thereby reducing your repayments. The loan is registered as a second charge, or second mortgage, so it is necessary that there must be an existing mortgage on the property.

Debt consolidation loans can be granted even if you have a poor credit history. This is possible because the lender has the security of the available equity on the property. The APR offered will vary from lender to lender, and will depend on your personal situation. We will match your particular circumstances to a lender that can offer you the best APR. Most of our applicants also qualify for an optional 5 month repayment holiday.