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  4. What are debt consolidation loans for bad credit?
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  4. What are debt consolidation loans for bad credit?

What are debt consolidation loans for bad credit?

One single loan to help reduce your total monthly loan repayments:

  • Designed to consolidate all unsecured debts into one new loan with lower more manageable monthly payments.
  • Should have a lower interest rate rate and be repayed over a longer term to make repayments more affordable. *
  • A £100-£10,000 loan that still accepts people with a poor credit rating.

APPLY FOR A DEBT CONSOLIDATION LOAN

* If you are extending the terms of the debt, you could be increasing the total amount you repay.

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