An estimated two million people in the UK are in need of an unsecured debt loan because they are in more than £10,000 in debt, generally from:
- Credit cards
and as a result, more and more people are looking for unsecured debt loans to pay off all their individual debts to create one easily manageable monthly payment. Advantages of consolidating all your existing debts into one unsecured debt loan include:
- Single installment instead of several installments
- Decreased interest rates
- Reduced monthly instalments (if you take the loan out over a longer period of time)
- Only one creditor to worry about
Use our FREE loan calculator to compare unsecured debt loans and find great interest rates that start from as little as 6.9% APR!