Personal loans are a common type of debt consolidation loan. These loans are typically unsecured, meaning they do not require collateral such as a home or car to secure the loan. Personal loans are available from banks, credit unions, and online lenders, and the interest rate and terms of t...
Flexible: Our expert team will build a finance package that suits you. And, by taking advantage of top-ups, repayment holidays and our Penalty-Free Promise, you’ll make a nice saving on interest. Fuss-free: You can apply for a debt consolidation loan online in minutes and receive your ...
While it’s not a debt solution we recommend without seeking expert financial advice first, if you are interested in how the process works and how to consolidate debt, then here is what you can do: Speak to an impartial finance expert about your situation- call the PayPlan team on 0800 ...
Zachary Romeo is a certified Commercial Banking and Credit Analyst (CBCA), and the Head of Loans and Banking at MoneyGeek. Previously, he led production teams for some of the largest online informational resources in higher education, with over 13 years of experience in editorial production. ...
Asset finance and refinance:pays for plant and machinery, including commercial vehicles. Refinance your current equipment loans, or free up the sunk capital in hard assets that your business already owns to gain ready cash. Commercial mortgages:depending on the loan-to-value of the property, (LTV...
In theory, this means you’ll be able to pay off your debt faster. The interest rate you’re able to get depends on which type of loan you attain: Secured loan: This is a loan where you put up an asset (e.g., car or home) as collateral. If you default on your loan, your cr...
To qualify for a personal loan from Achieve, you'll need a credit score of 620, which is considered fair. You can see whether you're likely to be approved when you apply online: Achieve will perform a soft credit inquiry, meaning it won't impact your score. If you opt to proceed wit...
A debt consolidation loan is a type of personal loan that you can use to pay off existing debt. These loans are typically unsecured, meaning you don’t have to put up any of your property as collateral. Debt consolidation loans also generally have fixed rates, payments that don’t change ...
In most cases, student loan consolidation is an option as soon as your loans enter their repayment period or grace period. However, it’s wise to think about the timing. For instance, if you’re considering private refinancing, it may make sense to wait until your credit score and income ...
Payday loans are designed to provide cash in the short-term, just until you receive your next paycheck. These short-term loans essentially serve as a cash advance. Unfortunately, while payday loan borrowers often have no choice but to turn to payday loans to cover immediate expenses, payday lo...