Debt Consolidation - making debt more manageable

Debt Consolidation is one of the solutions often used to help less serious debts become more manageable. But other options to Debt Consolidation, such as an IVA, may also be open to you. The Debt Advice Trust can give you the free, honest and impartial advice which will help you decide which option is best for you.

If your debts are spread across a variety of sources such as loans, credit cards, unpaid bills and other agreements, a Consolidation Loan can help reduce your repayments and make your overall debts more manageable. But it will also extend your repayment period. Call us to help you decide what's best.

A single loan to cover everything

Just one free call to the Debt Advice Trust can place our expert and impartial advice at your service. We can tell you about the various solutions that may be open to you and whether consolidating your debts is your best option.

A single phone call can help make you debt free

If you already have existing loans and credit card repayments to meet, it’s worth checking the different terms and interest rates as they can vary quite considerably. In this case a Consolidation Loan could offer advantages, but call us and we’ll help you decide what’s right for you.

Debt Consolidation FAQ's

• Q: Can debt consolidation really save me money?

  A: Paying off all your debts with one Consolidation Loan normally reduces the overall amount of your monthly repayments and makes budgeting far easier. But it will extend the repayment period and won’t save you money overall.

• Q: Can the Debt Advice Trust tell me how much I would save with debt consolidation?

  A: Our first priority is to advise you on which debt solution is best for you. If a Consolidation Loan looks like a good option, we’ll recommend leading, trustworthy providers from our Approved Panel for you to talk to about specific savings you could make.

More debt FAQ's