Combine debts into one manageable repayment

A debt consolidation loan allows you to combine multiple debts from various lenders into a single loan. This simplifies your finances by having only one monthly payment to manage, often at a lower interest rate than your existing debts.

Consolidating your debts can offer several benefits, including simplifying your finances, potentially reducing your monthly payments and saving money on interest by securing a lower interest rate.

Consolidating your debts should not negatively impact your credit score, as long as you continue to make timely repayments on your new consolidation loan. In fact, it may even help improve your credit score by reducing your overall debt.

You can typically consolidate various types of unsecured debts, such as credit card balances, personal loans, car finance and other outstanding debts.

Yes, it’s possible to qualify for a debt consolidation loan with bad credit. However, the terms and interest rates may vary depending on your credit history and financial situation.

Consider factors such as the interest rates and fees associated with your current debts, the total amount of debt you owe and your ability to make consistent monthly repayments. Our qualified advisors can provide personalised guidance to help you determine if debt consolidation is the right option for you.

The time it takes to complete the debt consolidation process varies depending on factors such as the amount of debt you have, the type of loans you’re consolidating and how many debts you wish to consolidate. Our team will work efficiently to ensure a smooth and timely consolidation process.

Begin by checking your eligibility using our online form. If you’re eligible, our team will guide you through the application process, helping you gather the necessary documentation and providing personalised assistance every step of the way.