Debt Consolidation Loans

Having trouble paying debts to several different lenders? If you have several debts owed to different lenders all at different rates it can hard to keep track of and manage. A consolidation is an ideal solution since it merges all these debts into one simple monthly payment which has not only a single interest rate, but often a lower rate. A list of the most recommended consolidation loan lenders have been selected and featured here for your perusal.

Debt consolidation loans are much like personal loans, although usually with a low APR. The lender may want to ask for some information about your existing debts when applying. Smart Loans enable you to make the Smart choice when applying for a debt consolidation loan so you needn't incur unecessary penalties and such when consolidating your current debts.


COMPANYAPR REPRESENTATIVELOAN AMOUNTMIN TERMMAX TERMTERMSSUITABLE FORAPPLY
Kensington 53.9% £100 - £5000 1 Month 24 Months Providing your information on this website will not guarantee you will be approved for a cash loan. Individuals with all credit backgrounds
Kensington Direct Loans is your definitive bad credit broker. By filling out a short online application form that will take just a few minutes you will be matched with the right bad credit lenders for you. Approval takes a few seconds and the money will be deposited straight into your account. Advantages

Advantages

Online approval takes just a few minutes
Borrow up to £5,000
Acceptant of bad credit applicant who have been refused elsewhere
Your money deposited straight into your account


Disadvantages

Disadvantages

You will not find out how much you can borrow until you have been reviewed
Only available to those that live in the UK

Representative example: At 53.9 % APR fixed, £3000 borrowed over 36 months payments would be approx £151.19 per month. The total amount to be repaid would be £5442.84.
Save Simply On application £500 - £25,000 12 Months 25 years The Partners will contact you with loan information. Please note that such information should not be used as the sole basis for your loan decision, and may not meet your particular needs. Poor credit borrowers, retired, self employed or unemployed
Get free quotes and a loan of between £500 - £25,000 with Save Simply. No matter what you need the loan for, Save Simply accept all applications. Bad credit loans are available to all applicants. Advantages

Advantages

Poor credit history is no problem
Top lenders sourced
Borrow up to £25,000


Disadvantages

Disadvantages

Must apply to find out APR
APR might be high
Credit status might play a part

Representative example: If you took a loan for £10,000 with a Representative APR of 6.9% fixed and an annual interest rate of 6.9% you would pay £196.56 per month with a total charge for the credit of £1,793.43 making the total amount you repay of £11,793.43
Merlin 53.9% £100 - £50,000 1 Month 25 years See website for more information on specific lenders. If you have bad credit and would like to consolidate your loans
Merlin Money Market operate a fully automated online service which means that there is no paperwork to worry about. They will come up with the best loan options and rates, tailored to meet your requirements and with no obligation Advantages

Advantages

Loans from £100 to £100,000
Repayments from 1 month to 25 years
Any purpose loans no matter what your credit history or circumstances
Unlike our competitors there are no fees until you've been presented with your lender options
No upfront credit checks to worry about
We could get you cash in your account today


Disadvantages

Disadvantages

There is a fee for using this service

Representative example: At 53.9 % APR fixed, £3000 borrowed over 36 months payments would be approx £151.19 per month. The total amount to be repaid would be £5442.84.
Go Cheap Loans N/A £100 - £50,000 1 Month 120 months See website for more details For any UK resident aged over 18 or over looking for a loan
At GoCheapLoans.co.uk we pride ourselves on being able to help customers in all kinds of situations to get the loan that they need. Our users needn't be put off by poor their credit ratings as we can find loan companies willing to help in most situations. Your application is handled completely online from filling in our simple form to receiving your money, making everything as easy as possible. Once you have told us all the required information our software gets to work searching hundreds of lenders to find you the best loans for you, separated by loan type. You can log back in to your account at any time to review your loan options and apply for as many as you need to. And if you don't like any of them, click the link below the apply button and we'll find you another. Advantages

Advantages

Compare hundreds of lenders - We have a set of complex algorithms that work away behind the scenes to compare the 50 or 60 bits of data that you tell us about yourself, with the hundreds of bits of data that we have about UK lenders. We will deliver you as many different options as we can find
Saved Results- On completion of the form we will email your username and password so you can return as many times as you like to see the lenders we recommend for your situation
Lender Guarantee - We always strive to find the best lender for your situation. If you're not happy with one we find, just tell us and we'll find the next best one until your happy


Disadvantages

Disadvantages

Rates and fees from different lenders are not available until you fill in personal details
We take a one-off payment of up to £39.99 which we charge to cover our maintenance costs of the software we use to find you the best loan deals

The Loan Locator Depends on lender £50 - £25,000 Depends on lender Depends on lender Must be at least 18 years old to apply Bad credit history accepted
The Loan Locator specialise in providing you with a consolidation loan of up to £25,000 in order for you to consolidate your loans, purchase a car, take a holiday or whatever you fancy. It doesn't matter if you have been refused or declined a loan before, you could be approved for a one of The Loan Locator loans within 48 hours. Advantages

Advantages

No obligations quotation
Get approved even if you have bad credit
Borrow up to £25,000
Loan can be used for any purpose


Disadvantages

Disadvantages

You have to apply to obtain fees and charges
You have to apply to view terms and conditions

Regent Finance 6.9% £500 - £25,000 1 Month 25 Years You must be over the age of 18 years old If you have bad credit and need a loan
If you have less than perfect credit and are finding it hard to get a loan, Regent Finance can help. Apply online for an unsecured loan from £500 - £25,000. Find out what options are available to you and receive a free no obligation quotation. Advantages

Advantages

Get the Lowest Loan Rates & Exclusive Deals
Apply in Minutes
Free to Apply, No Obligation
All Applications Accepted


Disadvantages

Disadvantages

The wesbite does not give much information

Representative example: If you took a loan for £10,000 with a Representative APR of 6.9% fixed and an annual interest rate of 6.9% you would pay £196.56 per month with a total charge for the credit of £1,793.43 making the total amount you repay of £11,793.43
CUS4 Loans On application £200 to £15,000 12 Months 60 Months CUS4 Loans work with several leading Loan Specialists and send your application to one at a time until your loan is approved. Tenants, homeowners, self employed or bad credit history borrowers all suitable
CUS4Loans can help you to find a lender provider for a range of loans whatever your circumstances - even if you have been turned down for a loan elsewhere or have credit problems. Tenants & Homeowners - Loans £200 to £15,000 approved. Advantages

Advantages

Borrow from £200 to £15,000
Poor credit history no problem


Disadvantages

Disadvantages

APR rate only on application
Some brokers may add additional fees