Debt Consolidation
Debt Consolidation
If you're worried about your debts and struggling to keep up with the repayments on your credit cards, mortgage, store cards and loans, then debt consolidation might be the solution for you. It will combine all your debts into one, making it easier to manage and harder to fall behind on repayments. Debt consolidation loan interest rates can vary, depending on:
- You credit history
- Whether you're a homeowner
- How much you want to borrow
- How long you want to take paying it back
So it's important to shop around to find the best deal for you. Re-mortgaging is also an option if you're a homeowner. Our re-mortgage comparison service can help you see the best deals.
Advantages of debt consolidation include:
- Relieving the stress of money worries
- Having one loan puts all your debt in one place, making it easier to manage
- Saving money by having a low-interest loan instead of high-interest borrowings such as credit cards
- Enabling you to improve your credit history by efficiently managing your loan
To see quotes from the top debt consolidation loan providers in the UK, use our FREE comparison service and find the right debt consolidation loan for you.
| Personal Loan | 8.10% | |
| Barclayloan Plus | 8.80% | |
| exclusively for existing Barclays customers |
| Blackhorse Personal Loan | 10.90% | |
| Homeowners Only - Borrow from £1,000 - £15,000 |
| Zopa Social Lending | 9.1% Typical | |
| peer to peer lending- rates from 7.25% to 17.52% APR, £1K - £15K available - Good Credit Rating required |
| £1,000 | £15,000 | 10.90% | |