36.48% APRC Typical Variable

Typical Example: Loan Amount: £5,000, Loan Term: 72 Months, Monthly Repayments: £155.33, Total Amount Repayable: £11,183.76. This example includes a fee of £900 (18%). Read about our Rates and Fees.

Maximum APRC:  98.67%. Max rate figure is based on loan amount applied for, loan term and personal circumstances of applicant. Repayment periods: Secured loans: minimum 1 year – maximum 15 years.  We do not offer loans which require full repayment within 60 days or less.

THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER LOAN SECURED AGAINST IT.
IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING, YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
General Enquiries 0161 814 9158   New Applications 0161 814 9291
This website uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Continue

A different cheaper solution

How to consolidate Payday loans

Home > How to > How to consolidate Payday loans

If you’ve ever taken out a payday loan you’ll be very aware of the high interest rates charged for short term borrowing. You may also be aware of how easy it is to quickly slip into a downward spiral with payday loan debts, and how difficult it can be to try and manage and clear them. A lot of people who do turn to payday loans have poor credit and for many they turn to this short-term lending solution to help make payments on other high interest loans.

There is a different cheaper solution

A consolidation loan from Evolution Money offers customers with high interest loan debts such as Payday loans an opportunity to combine all of their debts in to one manageable consolidation loan. This type of loan could help customers manage their debts more effectively. It allows you to make one more affordable monthly repayment rather than having to manage multiple debts at often much higher rates.

Debt consolidation makes sense because it puts all your credit in one place. You will have a single monthly repayment, rather than several, so you will know exactly how much is going out of your bank account and when. As a result, your finances will become far simpler and you’ll also find it easier to plan ahead, however, your debt level may increase if you chose to extend the term of the loan.

At Evolution Money we are committed to finding the best option for you, we can tailor your secured loan to meet your exact circumstances. With debt consolidation loans available ranging from £1,000 up to £20,000, we could help you manage your finances better. If you’re looking for a debt consolidation loan, you can talk to a Personal Account Manager today. Or if you want to see how much you can save by taking out a consolidation loan then why not try our handy loan calculator? You can see first hand just how affordable our loans are.

Warning: Late payment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

How our customers rate us

We’re proud of the high standard of our customer service and believe that each of our customers should be treated as an individual.
Evolution Money 90 out of 100, based on 357 ratings. 357 user reviews. Read our reviews

Members of the The Finance & Leasing Association

FLA logoThe Finance & Leasing Association is the leading trade body for the motor finance, asset finance and consumer credit industries in the UK.

Socialise

Feeling social? Check out our social pages!

Tweet us on Twitter
Like us on Facebook
Pin us on Pinterest
Add us on Google+

Our Address

Evolution Money,
9 Portland Street,
Manchester,
M1 3BE


Registered Company Number: 06987852

Contact by Phone

General Enquiries:
0161 814 9158

Complaints:
0161 814 9165

Contact by Email

Evolution Money Limited is a licensed credit broker and service provider to Evolution Lending Limited. If your application doesn’t meet the underwriting requirements of Evolution Lending Limited we may pass your information to other lenders and brokers. Evolution Money Limited is a company registered in England & Wales, registration number 06987852 and registered at 8 St John Street, Manchester, M3 4DU. Authorised and regulated by the Financial Conduct Authority, firm reference number 708324.

© 2017 Evolution Money | Privacy Policy | Cookie Usage | Complaints Policy | Breaking Down Our Loans | Terms & Conditions
Apply Online
I want to borrow £


You will receive a call today to continue with your application.
Thank you for taking the time to fill in our online enquiry form. Unfortunately in this instance we won't be able to help as being a homeowner is one of our primary requirements.
Start Here
Please wait

Please wait

Don't leave just yet!

Evolution Money are a multi Award Winning UK finance company with thousands of happy customers!

Award Winning

Our friendly loan advisors can let you know if you're eligible for a loan without affecting your credit score. Why not give us a call today!

Freephone 0800 144 8188

Back to Evolution