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Consolidation Loans

Combine all your monthly outgoings into one lower and more convenient monthly repayment!

Consolidation loans can be used to clear:

A consolidation loan can reduce your monthly repayments by replacing your existing finance facilities with one that:

  1. Has a lower interest rate
  2. Has a longer repayment term, spreading your repayments over a longer term

In addition to consolidating debts, you may also be able to raise funds for other uses.

For example: Consolidation and home improvements is the most popular use of a secured loan.

Some recent examples of consolidation loans:

Example 1

Cleared £128,000 of credit commitments and debts.
Monthly outgoings reduced by £981 per month

Example 2

Cleared £70,500 of credit commitments.
Monthly outgoings reduced by £863 per month

Example 3

Cleared £121,000 of credit commitments and debts.
Monthly outgoings reduced by £636 per month

PLEASE BE AWARE THAT BY CONSOLIDATING EXISTING BORROWING YOU MAY BE EXTENDING THE TERMS OF THE DEBT, AND INCREASING THE TOTAL AMOUNT YOU REPAY.

Debt Consolidation Loans

Consolidation loan calculator

Our simple to use consolidation calculator can help determine how much a consolidation loan may reduce your monthly repayments

Calculator

An Easy Process

We take the hassle away from you, allowing you to relax, whilst our experts put your loan in place.

We have partnered with the best lenders in the UK. In addition to excellent service levels, knowledge and experience, we also have access to the best rates available for secured and unsecured loans.

What Do We Offer?

We are specialist providers of secured loans

Our Reviews

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"Always kept in touch during the process to let me know what was goiung on."

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"If I ever need a service they offer in the future I will not hesitate to use them again."

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"Looked after me well and went above and beyond, would recommend."

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Our Memberships

FIBA Member
Association of Finance Brokers
Association of Mortgage Intermediaries

The Personal Finance Centre is a Finance broker and not a lender.

SECURED LOANS ARE SECURED AGAINST YOUR PROPERTY

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSES IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Initial Borrowing Rates from 6.2% pa. We also have a range of plans with rates up to 17.9% pa (variable), allowing us to help customers with a range of credit problems.

Secured Loan Representative Example: If you borrow £15,000 over 10 years at an annual interest rate of 8.83% you would make 120 payments of £213.72 per month. The total amount repayable will be £25,647.00 (This includes a lender fee of £595 and a broker fee of £1,500 which have been added to the loan). Total charge for credit will be £10,647.00.

Overall cost for comparison is 11.83% APRC representative.

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