If you have debts which you cannot pay (such as credit card debt or store card debt) you may wish to consider debt consolidation loans. Debt consolidation loans will enable you to consolidate all of your personal debt (such as credit card debt , finance arrears, or store card debt) into one manageable loan. This will make it easier to manage your finances and you may be able to get debt consolidation loans at a lower rate of interest compared to what you have paying on your credit card debt and store card debt.
Debt Consolidation is appropriate for people who can pay off debt consolidation loans in a time period of 3 to 5 years. If you require a longer period of time to consolidate debt, a debt consolidation loan may not be appropriate for you and you may wish to consider other options such as a Debt Agreement or a Personal Insolvency Agreement. If you have previously consolidated your debts through a debt consolidation loan and you are still in debt, we would recommend that you consider Debt Management, Debt Agreement or a Personal Insolvency Agreement.
We will assess your financial situation using our Debt Advice Model and will recommend the most appropriate solution for you. We'll discuss your situation in a strictly confidential and empathic manner. Our debt advice professionals will discuss your needs free of charge and our advice will be provided without any obligation.
Call Debt Free today toll free so we can discuss what solution meets your needs.
