That saving is now theirs each month... Imagine doing the same for you.
A low rate consolidation loan can be a great way to replace all of your existing monthly credit bills with ONE lower monthly loan repayment - that could be £1,000s less than what you are paying now.
Just think what you could do with that extra money each month.
The common types of credit that often have much higher interest rates are listed below and could all be consolidated with a lower rate loan:
In addition to consolidating debts, you could also borrow funds for other uses such as home improvements or a mix of uses.
If you have any questions or would like to request a quote by phone simply call us on...
01482 968 600
(8am to 9pm - 7 days a week)
*Based on loans taken during January and February 2025.
You can calculate online now how much a con solidation loan could benefit you monthly - and apply in under 2 minutes.
Consolidation CalculatorWith access to loan options from all of the leading lenders in the market, you can be confident we'll find you the best loan deal - that's right for you.
Here's a real example of how we were able to reduce a customers monthly outgoings significantly - in this case reducing their monthly credit repayments by £1,444.99 a month.
| Credit Type |
APR (Annual Percentage Rate) |
Outstanding Balance |
Current Monthly Repayment |
|---|---|---|---|
| MBNA Credit Card | 24.9% | £10,974 | £340.00 |
| MBNA Loan | 8.7% | £13,701 | £306.82 |
| Tesco Credit Card | 24.9% | £13,061 | £130.00 |
| Zapla Loan | 22.9% | £9,575 | £253.83 |
| MBNA Credit Card | 24.9% | £8,143 | £204.00 |
| M&S Loan | 28.9% | £7,449 | £135.44 |
| MBNA Credit Card | 24.9% | £5,980 | £374.88 |
| MBNA Credit Card | 24.9% | £3,758 | £37.58 |
| First Direct Credit Card | 22.9% | £3,033 | £101.00 |
| Tesco Credit Card | 24.9% | £2,798 | £28.00 |
| Barclays Credit Card | 24.9% | £2,757 | £88.28 |
| Amex Credit Card | 25.9% | £955 | £912.47 |
| Next Store Card | 24.9% | £32.00 | £32.00 |
| Total monthly repayment BEFORE consolidating | £2,044.83 | ||
| NEW monthly repayment AFTER consolidating | £599.84 | ||
| Monthly saving acheived | £1,444.99 | ||
When consolidating other forms of credit with a Homeowner Loan, the benefits are that the loan interest rate could be significantly lower than your existing credit, so the balance could reduce much faster - especially when compared to making minimum repayments on credit or store cards for example.
Additionally, with a Consolidation Loan you also have the ability to extend the loan over a longer term if needed to make repayments even lower. However, it's worth noting that if you extend the term of the loan too far in order to reduce repayments further, the amount of interest you repay would increase too - so it's worth ensuring you get the balance right to benefit you the most.
We're dedicated to providing the highest service standards to each and every customer.
"Afterbeing turned down by many other brokers, I thought I was waisting my time completing the form.
They were honest from the start and very quickly found a lender suitable for us. Against all the odds we completed last week. Brilliant service and personal support.""
Christopher E
"Always kept in touch during the process to let me know what was goiung on."
Louise S
"If I ever need a service they offer in the future I will not hesitate to use them again."
Chazz K
To experience our level of service first hand, call our friendly and experienced team today or apply online.
01482 968 600
(8am to 9pm - 7 days a week)
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 5.49% 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 7.71% you would make 120 payments of £201.29 per month. The total amount repayable will be £24,155.12 (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 £9155.12.
Overall cost for comparison is 10.368% APRC representative.
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