*Please note, we only provide advice when it comes to Debt Consolidation.
Debt consolidation is a form of debt refinancing that means you take out one loan to pay off many others that you may have, or even consolidating debt owed to your existing creditors and combining them into one affordable monthly payment. The most common way of debt consolidation is via a third-party debt solution provider, like Debt Busters.
If you owe money to different lenders, a debt consolidation loan could help you take control of your finances and keep track of your money.For example if you owe three different creditors £15,000, you can take out a single loan to pay those off, meaning you have one affordable monthly payment.
