An Unsecured Debt Consolidation Loan will allow you to consolidate your unsecured debt into one loan, leaving you with one easy to manage payment.
You can use your loan for any purpose, so as well as consolidating debt you might want to treat yourself to a new car or carry out home improvements. We would never place any restrictions about how you can spend your loan.
Unsecured debt consolidation loans means that you don't have to securitize your home against your loan.
Please remember that if you have a poor credit rating it can be much harder to get accepted for an unsecured loan, and if you do it may be at a much higher interest rate. It is always best to check your other alternatives first such as a no loan debt consolidation plan.
For free advice on a range of debt consolidation solutions, please contact our expert advisors free on 0800 048 3674.
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.