Put simply, consolidation involves paying off your existing debts with one single loan, leaving you with one monthly repayment. Our loans could help.
If you’ve got balances on credit cards, unsecured loans, store cards, overdrafts or even a secured loan, you will be making a number of different payments normally at different times of the month at a number of different rates – a consolidation loan could help you consolidate your debts into one manageable monthly repayment.
A debt consolidation loan offers a number of different features:
A debt consolidation loan will help you take control of your finances – allowing you to reduce your monthly outgoings and rebuild your credit rating. Our expert advisers will help you review your credit profile, short and long term goals and talk you through all available options.
Our experts will help you go through your finance options and what best suits your circumstance.
A typical household has over £13,500 of unsecured debit – lenders will generally charge 3% monthly of an outstanding balance meaning that on top of your mortgage payment you could be paying over £400 on a number of different accounts – such as store cards, online mail order accounts and credit cards.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
In December 2017 we helped Mrs Goode consolidate over £15,000 worth of high interest credit cards and loans – before we spoke to Mrs Goode she had 6 different payments going out of her bank account every month on top of her mortgage payment – after reviewing and discussing all the options available we helped our client reduce her monthly outgoings from £320 to £168 giving her a monthly saving of £152.
I would like to say the service I received was excellent.
Everything was explained to my understanding. Extremely helpful and friendly staff and the whole process was smooth with no complications .
I would definitely recommend the service to anyone.
Thank you James and all the staff involved.
Great service from Paul ensuring all paperwork was completed and dealt with efficiently
I would definitely recommend the service to anyone.
The team guided us through a complicated process making it stress free, and now we are much better off.
Borrowed a little bit for my kitchen and reduced my out goings at the same time just In time for Christmas perfect experience
I received a very professional and great service from this company. The progress of my application was surprisingly smooth and quick. Staff were professional, extremely polite and helpful and patiently answered all of my questions. They went the extra mile to make sure I am clear about the service they provide and how I can benefit from it, which helped me to confidently make my decision.
I believe their customer centricity, politeness, professionalism and extremely helpful advises should be recognised.
Also, I must admit that the success of my application has made me more confident in my life, created purposive financial plans, helped me a lot with better financial planning for my future and now feel that I am on a productive path towards clearing my debts much sooner.
I certainly recommend this company to everyone hoping that they also start benefiting from this great service. This was certainly a right choice for me.
I honestly don’t think I would have got a loan if it wasn’t for The Personal Finance Centre. I’d tried myself a few weeks before and been unsuccessful. A few minutes after applying online with The Personal Finance Centre and they rang me, took all my details, rang me the next day with an offer. Within a couple of weeks, I’d got my loan. They kept in regular contact throughout the process and took the stress out of it for me. Would definitely use them again.
James and Paul ensured the process of getting the loan I needed was entirely stress-free. They moved quickly and kept in touch with me so I knew exactly what was happening. They sourced a really good deal for me and saved me about £800 per month in repayments. I am really grateful to them for the courteous and efficient service.
Excellent customer care and kept me updated at all times.
Every phone call, email and text was friendly and informative. I was really nervous about making this decision but it’s the best thing I’ve done to sort our finances. All staff I spoke with were lovely! Really helpful along the way.
It was a smooth process and quick!
Thank you to all involved in our case.
Heard this advert on radio and thought “it can’t do any harm to ask the question” ‘can you help me?’ And they did help me, sorted me right out, a very well done to all at Tpfc, you have changed my life
Fantastic company, completely on the ball. Constant communication and updates, makes a very difficult time very easy. Would definitely recommend.
These guys did all the right things for me. They listened, they were very responsive, they got me the solution I needed.
Excellent service. Advisors all very helpful. All information explained in full.
Highly recommend this company. Very helpful and professional service and company. Worked with me every step of the way and nothing was too much trouble. Explained everything and treated me with respect and courtesy. Team members Cameron Davies and David Vine a huge thank you for all that you did.