Putting your eggs into one basket can be a good thing
Consolidation loans can help fix your finances by clearing credit cards and store cards, getting rid of hire purchase payments and simplifying things by combining all your debts in a single monthly payment. They're a very good idea if your finances are causing you sleepless nights.
It's never been easier to get buried in debt: shops offer store cards or tempting hire purchase deals, credit card applications fall through your letterbox every ten minutes, and so on. What most people don't realise is that they're probably paying through the nose for these things: some credit cards have rates of more than 20% APR, while many store cards are scarier still: rates approaching 30% APR aren't uncommon. If you've got store cards or owe money to several different places, consolidation loans can help.
Consolidation loans are so called because they consolidate your borrowing into a single payment. So instead of paying money to this store card, that credit card and those HP firms, you simply make a single monthly payment to the bank each month. Interest rates on consolidation loans tend to be low under 10% in many cases which means you'll pay considerably less interest than if you keep things as they are. And consolidation loans can be spread over a long period of time, which can be a big help if you're finding it hard to make ends meet. You can get consolidation loans from almost all mainstream lenders, including the high street banks.
loans.org.uk helps you find the best loans companies for your specific needs, and gives you background information on the various types of loans available in our loans articles, more loans articles and still more loans articles.
If you can't find what you want on loans.org.uk, be sure to check our loans homepage.
Consolidating your federal education loans can lower your payments but might affect your interest rate or benefits. Learn why, and learn how to consolidate.
How to Consolidate Loans: 11 Steps (with Pictures) - wikiHow
How to Consolidate Loans. If you've watched TV or opened your mail lately, you know that there are plenty of companies eager to help you consolidate your loans to
Debt Consolidation Loans | Consolidate Your Debt | LendingTree
Is debt bringing you down? Learn how debt consolidation can help you consolidate your loans so that you pay off your debt quicker!
Direct Consolidation Loan - Borrower Services
Official Federal loan consolidation application page from the Department of Education featuring a three-step process. Includes tips, rates applying for a PIN and e
Replace your multiple bills by a loan with a low interest ...
Loan consolidation helps to consolidate bills with a low rate loan. Avoid collection calls by paying off bills with an unsecured debt consolidation loan
Debt Consolidation Loans | Personal Loans | Old Mutual Finance
Apply for the My Money Plan Loan for up to R120 000 to consolidate your debt into one plan to reduce finance charges & increase your available cash
Consider Debt Consolidation Wells Fargo
Simplify your debt by consolidating multiple loans into one. Learn more about your options for consolidating to lower your monthly payments.
Debt Consolidation Loans | Low Rate Debt ... - Prosper
Debt consolidation loans allow you to consolidate credit card or other debt into a single personal loan. Debt consolidation rates from 6.73% at Prosper!
these debt consolidation loans - U.S. Bank
U.S. Bank offers many solutions for your debt consolidation needs. By consolidating other high interest debt you may be able to save money each month.
Direct Consolidation Loans - Welcome!!!
The Direct Consolidation Loans Web Site-this U.S. Department of Education web site provides information to borrowers, schools, and loan holders.