With so many ways to consolidate, there’s bound to be a solution for your unique situation. Debt consolidation is the process of combining your debts into one loan with a lower interest rate.
Instead of having multiple debt payments each month, you’ll only have one.
You should get free debt advice before you take out a secured debt consolidation loan.
Before you choose a debt consolidation loan think about anything that might happen in the future which could stop you keeping up with repayments.
A fixed amount of money, up to 100% of your home's value (minus your current mortgage balance), is made available and you can draw from it as needed.
LEARN MORE APPLY NOW With this option, you can borrow up to 100% of your home's value, minus the balance of your current mortgage.
You’re generally eligible once you graduate, leave school or drop below half-time enrollment.
Consolidating your federal loans through the Department of Education is free; steer clear of companies that charge fees to consolidate them for you.
It can help lower your monthly payments and get you out of debt faster so you can be in the driver’s seat of your own finances.The following four steps will walk you through calculating how much debt you have, choosing the debt consolidation loan, setting a timeline to be debt free and teaching you how to control your spending. An Auto Loan or a Home Equity Loan could be just the right answer for your credit consolidation needs. However, rates and terms displayed do not necessarily equal all rate/term combinations.When you consolidate federal loans, your new fixed interest rate will be the weighted average of your previous rates, rounded up to the next ⅛ of 1%.So, for instance: If the average comes to 6.15%, your new interest rate will be 6.25%.