Consolidation Loans
The team at Promise Debt Solutions is fully conversant with arranging consolidation
loans and can discuss this option with you. Our associated company, Promise Solutions, is the UK’s leading provider of secured
loans to over 10000 financial advisors and mortgage intermediaries.
A consolidation loan may be a better option for you as it might help to reduce your
outgoings and stop your credit file from deteriorating. If your credit is already
in arrears it may be difficult to arrange an unsecured loan but a secured loan may
be possible. Secured loans can usually be repaid over a longer period to keep your
payments low until your circumstances improve and you can look at other others.
Remember, if you take out a loan at lower rates and stretch your payments over a
longer period, your repayments may be lower but you may be paying interest for a
longer period and assuming you keep the loan for the whole term might pay more interest
overall.
To find out more about secured loans
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY
OTHER DEBT SECURED ON IT