Debt consolidation loans for bad credit UK residents
Options for borrowing used to be incredibly limited. Credit cards for ongoing expenses, bank/building society loans for borrowing larger sums of money to repay over time, and finance agreements for buying specific things such as a vehicle. Today, that has changed; there are many different types of financial product, each potentially with a different rate of interest.
When people get into a lot of widely distributed debt, they often prefer to pay those off for one manageable monthly payment by taking out personal loans for debt consolidation. These products are quick and easy, and a good way to manage borrowing with high interest.
What are Loans for Debt Consolidation?
Debt consolidation loans for bad credit UK providers and brokers like Now Loans offer these products as a much simpler way to manage your debt. As the name suggests, personal loans for debt consolidation allow you to bring all your existing debt and borrowing under a single finance agreement. They are ideal for people with a bad credit score looking to repair it and manage their money.
All your credit and store cards, payday loans, and other borrowing is wiped out with a single loan from a single provider, paying a single interest rate taken once per month. You don’t need to worry about making multiple payments and working out which costs the most.
- Our debt consolidation loan bad credit range allows you to borrow between £1,000 and £25,000
- We offer flexible repayment terms on all debt consolidation loans for bad credit UK customers, aiming to fit all budgets
- You could get an unsecured debt consolidation loan, even with a history of bad credit
- Our consolidation loans for debt service is fast and free to apply. You will be considered for some of the best loans for debt consolidation in the UK
- You could receive the money within 24 hours
If you’re finding your finances are difficult to manage, and in a stressful and uncertain situation, Now Loans might have the answer. Apply for debt consolidation loans for poor credit now and get a quick answer.
- Borrow up to £25,000 on debt consolidation loans for poor credit
- Money in your account the very next day
- A free and impartial service
- Quick and easy application process
- Flexible repayment terms
- As these are unsecured loans, you do not have to be a property owner. Non-homeowners and renters are welcome to apply
Can I Get Personal Loans for Debt Consolidation with Bad Credit?
A history of bad credit can sometimes make it difficult to secure vital financial assistance. With Now Loans, we don’t think a poor credit history should be a barrier to debt consolidation loans for bad credit UK customers.
Through our large range of lenders, Now Loans offers personal loans for debt consolidation for a range of people, and a range of circumstances. If you have been refused credit in the past or are building your credit score by consolidating your debt, look no further. Our debt consolidation loan bad credit selection means we are likely to offer something suitable for you.
Now Loans unsecured debt consolidation loan service is fast, free and impartial. You could receive the money in your account in under 24 hours. What else you need to know:
- Simply enter your details, and within moments you can compare multiple loan options to choose your best deal
- Our lenders’ strict affordability checks mean you will only be offered loans and terms they are confident you can repay
- Making regular loan repayments on your debt consolidation loan bad credit will repair your credit score in no time
The best loans for debt consolidation range is waiting for you now. Application is free with no upfront fees and no obligation to accept the terms on any loan.
How much Will Now Loans Lend on an Unsecured Debt Consolidation Loan?
Now Loans is an intermediary for loans for debt consolidation UK providers. We don’t provide the loans, but it does mean we are impartial when offering financial products from those who operate through our site. Customers receive a free, independent service from only reputable lenders.
Subject to circumstances and personal financial status, Now Loans could offer anything between £1,000 or as much £25,000. As our lenders are debt consolidation loan bad credit specialists, you can rest assured that what we offer will be relevant.
All you need to do is fill out our one of our forms and we will do the rest.
Why Choose Now Loans?
Quite simply, we offer the best loans for debt consolidation anywhere on the web. Here, at Now Loans, we’re dedicated to helping people find practical, long-term financial solutions. Our debt consolidation loans for poor credit are just one set of products that we offer to help you achieve that.
As an independent broker for personal loans for debt consolidation bad credit, we can help you search a wide range of options. We use a panel of FCA approved lenders who will do everything they can to match you to the right debt consolidation loans for poor credit selection. Our service is the smart choice. Apply for free and you could receive a soft acceptance in a matter of minutes.
When Will I Receive the Loan?
We have a fast and efficient system of approvals for our debt consolidation loans for poor credit. Our step-by-step application process is quick and straightforward. In no time, you will have access to quick cash ready to pay off existing debts in no time. A successful application will help clear your debts, bringing it all under one umbrella where you pay a single monthly payment with a single rate of interest without having to worry about which debts are costing you the most.
There is no paperwork, and no phone calls to make, or even extensive credit checks. It’s all online. Just fill out the details and we will assess based on what you have told us. Debt consolidation loans for poor credit are a great way to repair and improve your credit score while helping you manage your money in the long-term.
Please fill in more information to see initial calculations.
This tool is for guidance ONLY. It is designed to help you estimate loan repayments. It uses the representative APR of each product. Lenders have a duty to conduct affordability checks when you apply for a loan.
Representative example. Borrow £3,000 with repayments scheduled over 36 months each totalling £162.34 at a fixed interest rate of 45.10%. Total interest payable at £2,844.30, meaning the total repayable after 36 months is £5,844.30.
Representative APR 50.0% fixed. This example is for illustration purposes only. The rate and/or term you are offered is dependent on your individual circumstances.
Representative example. Borrow £3,000 with repayments scheduled over 36 months each totalling £144.16 at a fixed interest rate of 34.05%. Total interest payable at £2,189.60 meaning the total repayable after 36 months is £5,189.60.
Representative APR 39.9% fixed. This example is for illustration purposes only. The rate and/or term you are offered is dependent on your individual circumstances.