Sometimes struggling with debt is a problem which seems as though there is no escape from; creditors calls, letters and maybe even visits by debt collectors may make you believe that there are no debt solutions for you. But there are multiple consolidation options on the market and, chances are, there is one which is right for you.
The best way to find out which consolidation option is for you is to get in touch with our expert UK Debt Consolidation Loan team. We will go through your finances to help you to discover which consolidation options best suits your circumstances. This could include one of the following:
UK Debt Consolidation Loan: A secured loan which is taken out to pay all forms of unsecured debt. As the debt consolidation loan is secured against your home, you can often benefit from a lower interest rate as well as reduced monthly payments.
No Loans Consolidation: This is alternatively known as a Debt Management Plan, and is a consolidation option for those who do not wish to partake in any further borrowing. No Loans Consolidation can offer you lower monthly payments to your unsecured creditors. There is only one payment to make which may help you get your finances back on track.
If you are considering which of these consolidation options is right for you, it is important that you seek expert advice about your situation. UK Debt Consolidation Loan are on hand to offer you advice about a range of consolidation options.
Contact a member of our team on 0800 048 1771 or fill out the Quick Enquiry form for a callback.
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.
UkDebtConsolidationLoan.com is a trading name of Ask Finance Ltd which is registered in England and Wales (company number 4229724), Jackson House, Sibson Rd, Sale, Manchester, M33 7RR. Ask Finance 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 is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.