Credit Card Consolidation Loans

Credit card debt: you’re not alone

Spending on credit cards is scarily easy, but so is applying successfully for more than one.

It isn’t uncommon – nor wrong – for people to have more than one credit card, but if your spending on plastic starts to get out of control, you can find yourself drowning in unmanageable debt very quickly. And, if that debt is spread across multiple cards, it can make things ten times worse.

Dealing with several direct debits and the prospect of missing a repayment will cause undue stress. But there is an answer!

How a consolidated loan could help

A consolidated loan might be the perfect way to ease the burden of your credit card debt.

If you have several credit cards containing varying amounts of debt, you will almost definitely have several direct debits or standing orders leaving your bank account each month to account for them. A consolidated loan takes all of those repayments and combines them into one payment.

That means there’s just a single direct debit for all of your credit card debt, under an agreed, fixed interest rate. Simple!

Why debt consolidation?

  • Improve your monthly budget
    A debt consolidation loan will enable you to group all your existing borrowing and the monthly repayments are easier to manage.
  • Reduced overall repayments
    A debt consolidation loan could even save you money each month if the interest rate is less than the combined total interest of the previous loans.
  • Improved credit rating
    The simplicity of repaying a debt consolidation loan means that you are more likely to repay the debt on time every month. This will prove you to be a responsible borrower, which will have a positive effect on your credit score.

 

Benefits of taking out a consolidated loan

A consolidated loan could provide just the peace of mind you crave for your credit card debt, but we firmly believe there are some additional, inescapable benefits of this type of loan:

  • A fixed interest rate. Chances are, your credit cards will all have different interest rates, but a consolidated loan has just one that is agreed for the period of the loan.
  • Just one monthly payment. Imagine that – just one payment to keep in mind, and a guarantee that it won’t change for the length of the term.
  • No missed repayments. When you have more than one credit card it’s easy to occasionally miss a repayment, and that can seriously harm your credit score. A consolidated loan eradicates that possibility entirely.

Why we’re the best

Why would you choose Debt Consolidation Loans over our competitors? We think the reason is simple, and that’s because our service is as simple as it should be!

We also make the decisions as they should be made – by humans, rather than software. We’ll take your situation into account and do everything we can to consolidate your credit card debt into one monthly payment.

Contact us

Let us help you reach a debt-free future! To find out more about our consolidated loans for credit cards, just get in touch with our friendly team, today.

Why debt consolidation?

  • Improve your monthly budget
    A debt consolidation loan will enable you to group all your existing borrowing and the monthly repayments are easier to manage.
  • Reduced overall repayments
    A debt consolidation loan could even save you money each month if the interest rate is less than the combined total interest of the previous loans.
  • Improved credit rating
    The simplicity of repaying a debt consolidation loan means that you are more likely to repay the debt on time every month. This will prove you to be a responsible borrower, which will have a positive effect on your credit score.