Consolidation Loan
Consolidation Loan
In many cases there may be a sudden change of circumstances that occurs and you may be forced to either reduce or consolidate your debts. Consolidation loans from Action Today will provide the following:
- Reduce your monthly repayments to your creditors.
- Define a single monthly repayment that you can afford.
- Reduce your creditors interest rates (in some cases).
If you make monthly repayments to multiple creditors and the total of these repayments are more than you can really afford at this particular period of your life (individual circumstances can vary), one option is to apply for a debt consolidation loan. The principle behind this is that you borrow a large, lump sum to repay your creditors and are then left with one creditor and one monthly repayment.
Not sure which solution is right for you?
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What's the cost?
We make it plain and simple so you can be confident
Your first monthly payment covers our implementation costs. After that, our ongoing administration charge is 15%. This is included in your monthly payments - not added on.
