debt-consolidation-for-the-stressed
Consolidate All Your Debts
 

Debt Consolidation

Secured Debt Consolidation Loan

Unsecured Debt Consolidation Loan

Bad Credit Loans

Cheap Debt Consolidation Loan


• What 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 a loan?
• 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 me?
• 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 your program?
• 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 any obligation?

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 circumstances.
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 a loan.
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 lenders’ policies.

Can I choose a date to make monthly repayments for the loan?
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 purposes.

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 the phone?

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 first time?

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 lender’s discretion.

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 the lender.

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 loans.

Will all of my debt be eliminated upon completing your program?

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 borrow?

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 application
Is my application confidential?

Our website is governed under Data Protection Act. We cannot use your information other than for the specified purpose.

If I complete online loan application am I under any obligation?

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.

Secured Loans : TYPICAL 10.9 % APR VARIABLE. Majority of the customers pay less than 10.9% APR. Our rates vary from 7.9% APR Varaiable to 19.9% APR Varaiable. The highest rate is for customers with severe credit problems. All loans are subject to status in UK.
Unsecured Loans : TYPICAL 19.9 % APR VARIABLE. Majority of the customers pay less than 19.9% APR. Our rates vary from 7.4% APR Varaiable to 41% APR Varaiable. The highest rate is for customers with severe credit problems.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. ALL LOANS ARE SUBJECT TO STATUS.
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