Do you have a poor credit rating and find if difficult to get accepted for a poor credit debt consolidation loan? The great news is that Debt Consolidation may be able to help you.
If you have a poor credit rating you might think it is an impossible task to get accepted for a poor credit loan, as lenders will perform a credit check on you to see your credit rating. Your credit rating is on of the major factors as to whether you get accepted or not.
There are Poor Credit Debt Consolidation Loans which are perfect for your circumstances. Although the interest rate may not be as favourable because you are considered a high risk to lenders. However it is likely that the interest rate is better than what you are paying on your unsecured debts.
Debt Consolidation can offer you free advice about poor credit loans and help you to find one which is right for your circumstances. For free advice please call 0808 131 0037 or fill in the Quick Enquiry Form so that we can call you back.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERM OF DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
For mortgages and re-mortgages the overall cost for comparison is 8.5% APR variable and for secured loans 14.5% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. A broker fee may be payable on completion, and will depend on your circumstances. For mortgages and re-mortgages this fee is typically between 0% and 3% of the gross mortgage amount, subject to a minimum of £2,495 and a maximum of £3,995. For secured loans, the fee is typically between 0% and 10% of the loan value.
DebtConsolidation.co.uk is a trading name of Ask Finance Ltd which is registered in England and Wales (company number 4229724), Jackson House, Sibson Rd, Sale, Manchester, M33 7RR. Ask Finance is licensed under the 1974 consumer credit act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.