Debt Consolidation example:
You have outstanding:
Outstanding
Finance |
Total amount Owed |
Monthly Payment |
Car
Finance |
£10,000 |
£250 |
Credit Card 1 |
£5,000 |
£150 |
Credit Card 2 |
£5,000 |
£150 |
Other Loan |
£12,000 |
£295 |
Total |
£32,000 |
£845 |
This could be consolidated into one secured loan in the following way:
Secured Loan |
£32,000 |
£472* |
Monthly Saving |
£373 |
*Based on 13.45% APR, 120 months Total repayable £56,623.10
OUR TYPICAL APR IS 15.9%
Who can Apply?
If you are a homeowner then you can apply. We dont mind if you have a few CCJs or Mortgage Arrears, or, if you are self employed or have no income proof. To be able to apply you must meet the following basic criteria:
1. You Must be a Homeowner with an outstanding Mortgage held for more than 9 months..
2.You must be in full time employment or self employed.
3. Your house must be worth more than £40,000
4. Your household income (gross) is more than £20,000
5. You must be a UK resident.
If you can answer yes to ALL of the above then you are able to apply for a low interest Debt Consolidation Loan.
If you are looking for a debt consolidation, to pay of your debts and reduce your monthly outgoings then apply online today and let Get More Credit search the UK Debt Consolidation Loan market for you. We will make sure that the right lenders contact you with the best possible offers to consolidate your debts and reduce your monthly outgoings - Regardless of how many CCjs, mortgage arrears or previous bad credit you have.
Consolidate your Debts with Ease and Lower your monthly payments
Let us Search 100's of consolidation plans for homeowners from 12 of the leading Loan Lenders available in the UK - with NO search fee and NO OBLIGATION
Our interest rate is 15.9% APR Typical Variable (66% of our loans are at or under this rate).
Are you a Homeowner and need a Personal Secured Loan but have bad credit history? We can help!
Self Employed? No proof of income? Need a secured Personal Loan? We can help!

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