Free Consolidation Calculator

Use our Consolidation Calculator to show your monthly payments for your overall debt. Adjust the term and percentage rate to see the savings you can make.

Find the BEST debt consolidation program for you

Not all consolidation programs are directly available to members of the general public. Independent financial advisor's have access to the entire market. Use the form below to search for the best consolidation for your needs.

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What is the total value of your debts? What is your monthly take-home income? (including any benefits) Your employment status? Current residential status? Please selectEmployedSelf-employedUnemployedHome-makerStudentRetiredOther Please selectHome Owner - With a mortgageHome Owner - No mortgagePrivate Tenant - FurnishedPrivate Tenant - UnfurnishedLiving with parentsOther How are you managing with your credit commitments? How many companies do you owe money to? Please selectI am up-to-date with my paymentsUp-to-date with payments, but strugglingMissed a few paymentsIn arrears or defaulted on a few accountsUnder threat of court action, or have CCJs Please select123456789 or more

What is the size of your mortgage balance? How much is your monthly mortgage payment? If you have secured loans, what is the total balance? What is your total monthly secured loans payments? (if any) What is the approximate value of your property? What are your living arrangements? Please selectSingleLiving with PartnerSingle & 1 ChildSingle & 2 ChildrenSingle & 3 ChildrenSingle & 4+ ChildrenWith Partner & 1 ChildWith Partner & 2 ChildrenWith Partner & 3 ChildrenWith Partner & 4+ Children

How much is your monthly rent? What are your living arrangements? Please selectSingleLiving with PartnerSingle & 1 ChildSingle & 2 ChildrenSingle & 3 ChildrenSingle & 4+ ChildrenWith Partner & 1 ChildWith Partner & 2 ChildrenWith Partner & 3 ChildrenWith Partner & 4+ Children

First name: Last name: Phone number: Alternate phone number: Email address: Your date of birth? --12345678910111213141516171819202122232425262728293031--JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember----1991199019891988198719861985198419831982198119801979197819771976197519741973197219711970196919681967196619651964196319621961196019591958195719561955195419531952195119501949194819471946194519441943194219411940 First line of current address: Current postcode: Based on your requirements we have selected the FSA regulated broker Broker Name to help you with your enquiry. Please click SUBMIT to confirm that you are happy for them to contact you by telephone/e-mail.

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Quick Debt Consolidation - Find the BEST debt consolidation program for you

Why use us to search for debt consolidation companies or to compare the market?

Debt Consolidation involves taking a loan to pay many others. It often happens that by consolidating you obtain a lower interest rate or secure a fixed interest rate gain the nenefit of servicing only one loan.

Debt Consolidation can simply be consolidating a number of unsecured loans into another unsecured loan, but usually it is a secured loan against an asset that serves as collateral, most commonly a house. In this case, a mortgage secured against the house. The collateral for the loan allows a lower interest rate than without it, because by offering an asset as security, the asset owner agrees to allow the forced sale (foreclosure) of the asset to pay back the loan. The risk to the lender is reduced so the interest rate offered is lower.

Sometimes, the debt consolidation company can discount the amount of the loan. When the debtor is in danger of bankruptcy, the debt consolidation company can buy loans at a discount. A prudent debtor can shop around for debt consolidators who will return some of the savings. Hence our search facility to find the best deal.

Debt consolidation is nearly always advisable when someone is paying credit card debts. Credit cards can carry a much higher interest rate than most loans ( even unsecured loans). Debtors with property or assets (such as a their house) may be offered a lower interest rate by using their assets as collateral. Then the total interest and total cash flow paid to the debt is lower allowing the debt to be paid off whilst incurring less interest.

Beware!
Since debt consolidation offers advantages to a consumer that has high interest debt balances, companies can take advantage of refinancing by charging very high fees in the debt consolidation loan. Occasionally these fees can be near the legal maximum for mortgage fees. Also some dodgy companies will deliberately wait for a client to back themselves into a corner and therefore HAVE TO refinance in order to consolidate and pay bills that they are behind with. If the client does not refinance they may lose their house so they are willing to pay any allowable fee to complete the debt consolidation.
Sometimes the customer does not have enough time to shop for another lender with lower fees and may not even be fully aware of them. This practice is known as PREDATORY LENDING.

We will only deal with companies that are NOT predatory lenders and the debt consolidation will be handled professionally, and at a reasonable fee.