types of loans do you offer?
• I am self employed, can I get a Loan?
• Which loan program is best for me?
• What is an EMI?
• I have bad credit. Will I still be able to get
• What is the loan A.P.R.?
• What is the best way of comparing loans?
• How much can I borrow?
• Can I choose a date to make monthly repayments
for the loan?
• What can I use the loan for?
• What happens if I want to borrow more?
• Can I repay the loan before the end of the contract?
• Are there any penalties on early loan settlement?
• Is it possible to apply for a loan online or
over the phone?
• Can I reapply for the loan if I was rejected
for the first time?
• How quickly can I get the loan approved?
• Do I contact the lenders - or do they contact
• What is a Secured Loan?
• What is a Unsecured Loan?
• Can I choose the amount of the unsecured loan?
• Are there any benefits to having a secured loan
as opposed to an unsecured loan?
• Will all of my debt be eliminated upon completing
• Must I occupy the residence I'm using as collateral?
• Can I get a loan on my home if it is for sale?
• What percentage of my home's appraised value
can I borrow?
• Is my application confidential?
• If I complete online loan application am I under
What types of loans do you offer?
Debt Consolidation for the Stressed helps you avail
the following types of loans:
• Debt Consolidation
• Secured Debt Consolidation Loans
• Unsecured Debt Consolidation Loans,
• Bad Credit Loans,
• Cheap Debt Consolidation Loans .
However the availability of the loans is subjected to
the lenders’ policies and individual financial
I am self employed, can I get a Loan?
Yes. We do offer assistance to people who are self employed.
Which loan program is best for me?
We do not provide any financial advise to the applicants.
We arrange appropriate lenders for our customers. It
is completely on the Lenders discretion to offer the
best deal suited to borrower’s needs and requirements.
What is an EMI?
‘EMI’ stands for the Equated Monthly Installment.
EMI is calculated by taking into consideration many
factors like type of loan, purpose of loan, amount of
loan or duration of loan etc.
I have bad credit. Will I still be able to get a loan?
Yes, we can arrange lenders who offer Bad Credit Loans.
However the terms and conditions being offered will
depend how bad your credit history is. If you have CCJ's,
Defaults or Arrears etc, you will be expected to pay
a higher rate of interest on your loan amount.
What is the loan A.P.R.?
Annual Percentage Rate can be defined as yearly rate
of interest that includes fees and costs paid to avail
What is the best way of comparing loans?
An A.P.R is the most important factor to be considered
while applying for a loan. Although there are some other
factors too but still the A.P.R is the standard measure.
How much can I borrow?
We help you get lenders who offer different financial
products suited to your needs and requirements. However
the amount of money you can borrow depends upon the
Can I choose a date to make monthly repayments for
Although we do not guarantee that, but some lenders
are quite flexible and offers flexible repayment terms.
What can I use the loan for?
You can use your loan amount for various purposes
like undertaking home improvements, taking exotic
holidays, buying a new car or even for educational
What happens if I want to borrow more?
All you need to do is fill up our application form
again and submit your details.
Can I repay the loan before the end of the contract?
Yes. However some lenders may charge a pre-payment
fee. The fees may vary from lender to lender.
Are there any penalties on early loan settlement?
Some lenders do charge a penalty on early loan settlement.
It is always better to ask the lender the question
when they contact you to process the application.
Is it possible to apply for a loan online or over
You can apply online for a loan by filling up your
details into our online application form on our website
or you can our toll free number.
Can I reapply for the loan if I was rejected for the
We help you arrange lenders who may offer you loan
even if you have been rejected for the first time.
However it depends upon individual circumstances.
How quickly can I get the loan approved?
We intend to make the process quick and easy. However
the approval of the loan completely depends on the
Do I contact the lenders - or do they contact me?
No, you need not contact the lenders.
What is a Secured Loan?
A Secured Loan is a borrower's obligation that includes
the pledging of some form of collateral to protect
the lender in case of default. The lender has the
authority to repossess the property in order to mitigate
their damages if a borrower fails to make the payments
against the loan.
What is a Unsecured Loan?
An Unsecured Loan does not require you to keep any
property against the security of the loan. Generally
the credit is given in exchange for your promise to
pay back the debt. The most common types of unsecured
debt are loans, lines of credit, credit cards and
ordinary vendor accounts payable. If you fall behind
to pay off these loans the usual course of action
to be followed is the legal action against you by
Can I choose the amount of the unsecured loan?
Yes. You may request any amount you would like to
apply for. However, the approval of the loan application
will depend on the lender. The approved loan amount
may vary according to your credit ranking.
Are there any benefits to having a secured loan as
opposed to an unsecured loan?
This is dependent on the terms of the loan. It is
easier to obtain a secured loan against the security
- particularly in cases of adverse credit. Generally,
secured loans offer more flexibility in loan repayment
terms, but the most important factor is the interest
rate on secured loans is often lower than unsecured
Will all of my debt be eliminated upon completing
We do not eliminate your debts but helps you arrange
lenders who can consolidate your debts into single
affordable monthly payments.
Must I occupy the residence I'm using as collateral?
You may or may not occupy the residence you plan to
keep as collateral as it depends completely upon lenders
terms and conditions and individual circumstances.
Can I get a loan on my home if it is for sale?
No. If your home is currently for sale we cannot help
you apply for a loan on that home.
What percentage of my home's appraised value can I
The amount that you can borrow varies based on a variety
of factors. For more information, you need to talk
to the lender when he contacts you to process the
Is my application confidential?
Our website is governed under Data Protection Act.
We cannot use your information other than for the
If I complete online loan application am I under any
The applicant is under no obligation to follow the
complete loan process. At any point of time he/she
can withdraw himself/herself from the loan process.