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What is a debt consolidation loan?

A debt consolidation loan allows you to consolidate the money you owe on different credit cards, store cards, overdrafts and hire purchases into a single loan in order to minimise the stress of juggling payments to myriad different lenders.

Advantages of Debt Consolidation

  • Obtain a fixed interest rate and fixed periodic payment so you know where you stand.
  • No more juggling your finances with the risk of missing a payment and incurring penalty fees.
  • Customise the loan term to suit your circumstances and earning power.
  • It may be possible to obtain a lower interest rate than those charged on your other debts, especially if you've incurred penalty rates.

Apply online now, or visit Real Finance for more debt consolidation options.

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