Debt Consolidation Loan LendersConsolidation of liabilities Loan from lender Lender to lender
We will consider debt consolidation loans: As a rule, our conditions are more favourable than uncollateralised credits, such as higher sales contracts or credits card. In addition, we provide a 5-year flat interest facility that can help you track your spending each month. We do not beat you with prepayment penalties if you want to repay your loan prematurely.
An £70,000 loan due over a period of 10 years on our 10 year floating interest loan at our prevailing interest of 6.65% (Floating) would involve 120 months payment of 860.20 plus a £150.00 collection management charge. £103,224.34, comprising the amount of the loan plus interest on the loan (£26,022.64), the handling charge (£3,250.00) and the handling charge (£1,750.00) plus interest on those charges (£1,951.70) and the collection management charge (£150.00).
Available rates vary depending on your circumstance. If you are applying for a debt consolidation loan with us, one of our skilled advisors will lead you through every stage of the process: We will ensure that we fully comprehend your circumstance before we recommend a loan to you. You will be guided through the entire recruitment procedure by our consultants.
We will tell you exactly what to do and when, and include the delivery of documents. Once we have everything we need, we will review your job interview and support information. When we are satisfied with everything, we make you a credit proposal, i.e. we have approved your credit request. We pass the money on to you and, if possible, directly to your lenders.
The consolidation of uncollateralised debt through collateralised loans could raise the amount you repay. You can repossess your home if you do not maintain the repayment of your loan.