Debt Consolidation

When you are paying off multiple debts simultaneously, it can add stress to an already stressful situation. With a variety of different repayment amounts, each claimed back on a different payment date and accruing a different rate of interest it can be difficult to keep up; and the more difficult it becomes, the easier it can be to miss payment or find yourself unable to afford them. One of the simplest and most common ways to avoid this is via debt consolidation.

Debt consolidation can allow debtors to ease their monthly expenditure and make repayments much simpler to manage.

Debt consolidation involves taking out one loan which is immediately used to pay off all of your existing unsecured debts. Debt consolidation can help you to secure a single, lower interest rate, a fixed interest rate or a lower monthly repayment amount; which covers the entirety of the debt.

What’s more, debt consolidation loans make it simpler to repay debts, as you make just one monthly repayment on one date, which replaces all of the previous multiple payments.

Debt Release Direct offer debt help and advice regarding a number of proven ways to manage or consolidate debts, and offer debt solutions such as debt management plans, bankruptcy and individual voluntary arrangements (IVAs).

We can help you to manage all of your unsecured debt and consolidate this sum into one monthly repayment. Better still, we deal with all correspondence from your creditors, including letters and telephone calls, providing you with all important peace of mind.

Debt Release Direct have CERT-DR qualified advisors who can help find the best debt consolidation option for you.

Call Debt Release Direct on 0800 019 7465 to speak to a professional debt advisor today.