How To Tell If Debt Consolidation Is Right For You
Take this simple two-minute quiz and we'll advise what could be best for you.
Do you know how much interest you'll be paying?
Yes
No
Have you worked out a budget so you can afford the repayments?
Yes
No
Are you likely to take out any further credit on top of paying back a consolidation loan?
Yes
No
Is your income likely to remain the same during the loan term?
Yes
No
Do you know the difference between an unsecured and a secured loan?
Yes
No
Have you recently checked your credit score?
Yes
No
Do you know how much you currently owe?
Yes
No
Do you know how much you'll owe with a debt consolidation loan?
Yes
No
Do you know the difference between debt consolidation and debt management?
Yes
No
Have you compared different company's interest rates for a debt consolidation loan?
Yes
No
We recommend you get some more advice.
From the answers you've given, we think you could benefit from receiving some more advice before considering a debt consolidation loan.
We understand that sometimes circumstances can change. Get in touch us on 0800 206 1560 and we'll do everything we can to try to create a resolution.
Alternatively, you can get free personalised advice from Step Change on how to best manage your debt.
We understand that sometimes circumstances can change. Get in touch us on 0800 206 1560 and we'll do everything we can to try to create a resolution.
Alternatively, you can get free personalised advice from Step Change on how to best manage your debt.
Debt Consolidation could be right for you.
From the answers you've given, it sounds like you've given this a lot of thought!
A debt consolidation loan could be a suitable option for you.
As one of many options to manage debt, if you have any doubts about your finances, you can get free personalised advice from Step Change.
A debt consolidation loan could be a suitable option for you.
As one of many options to manage debt, if you have any doubts about your finances, you can get free personalised advice from Step Change.