Debt Consolidation Online UK

Debt Consolidation works by consolidating multiple creditor payments into one. There are a number of ways which this can be done, and getting online debt consolidation information is a great way to potentially discover your consolidation options.

UK debts can be consolidated into a lower payment without the need to take out any further debt (this differs from the standard debt consolidation loan). We will negotiate with your creditors to reduce or freeze the interest on your debts, but this cannot be guaranteed. This form of debt consolidation is also referred to as a Debt Management Plan.

There is a wealth of information about debt consolidation online; UK debtors could use the online debt consolidation information as a starting point to understand their available options.

Here at Debt Consolidate, we offer debt consolidation online advice to give you an idea about how to handle your debts. The best course of action is to pick up the phone and speak with one of our consolidation advisors, they will be able to handle any debt consolidation questions you might have and can give you additional information about potential debt consolidation solutions.

LOANS MAY BE SECURED ON YOUR HOME. THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.

For mortgages and re-mortgages the overall cost for comparison is 8.5% APR variable and for secured loans 14.5% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. A broker fee may be payable on completion, and will depend on your circumstances. For mortgages and re-mortgages this fee is typically between 0% and 3% of the gross mortgage amount, subject to a minimum of £2,495 and a maximum of £3,995. For secured loans, the fee is typically between 0% and 10% of the loan value.

DebtConsolidate.co.uk is a trading style of Ask Finance Ltd (Registered in England and Wales. Company number 4229724), a wholly owned company of the Harrington Brooks Group Ltd. Ask Finance Ltd is licensed under the 1974 Consumer Credit Act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance Ltd is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.