There are multiple debt solutions designed to help you consolidate debt, but free debt consolidation help can offer expert guidance to help you take control of your finances and get out of debt.
In order to consolidate debt effectively, you need to be aware about the potential debt solutions on the market. The one which is right for you is dependant on your personal situation. Even if you do not know which debt consolidation product is right for you or you feel as though the only way out of debt is via bankruptcy, our free debt consolidation help could make this process much simpler for you.
Some potential debt solutions on offer from Debt Consolidate include:
Debt Consolidation Loan: A debt consolidation loan means that you are taking out a new loan to pay off your debt, and you will be left with one monthly payment. However, a debt consolidation loan will more than likely be secured against your home and it is not suitable for everyone. Free debt consolidation help will offer you assistance in decising whether this type of debt consolidation is right for you.
No Loans Consolidation: Not everyone wants to take out a further loan to clear their debts, and this is understandable.There are consolidation alternatives where you don’t have to take out a further loan. These are better known as Debt Management Plans. We can negotiate with your creditorsso you make a lower payment, and some creditors are also willing to freeze additional interest being, but this cannot be guaranteed.
Remember, our Debt Consolidate advisors can offer you free debt consolidation help, contact us on freephone 0800 0481 770.
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.