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Representative APR: 79.5 % (fixed)

Here's an example to illustrate: Representative APR of 79.5% (fixed). Here's an example to illustrate: If you borrow £1000 for 12 months, your monthly payment will be £123.40. The total amount repayable will be £1480.80, including £480.80 in interest. The interest rate is 79.5% (fixed). Interest rates range from 11.8% APR to 1721% APR. You can request a quote without any obligation. The APR you receive will depend on your personal circumstances. Our loans are available for amounts between £100 and £5000, with terms ranging from 3 months to 36 months

Debt Consolidation Calculator

Thinking about simplifying your debt? Debt consolidation essentially merges multiple debts you have into a single, new loan. This typically means you'll only have one monthly payment to keep track of, and you might even get a better interest rate. While it can streamline your finances, it's important to remember that it's not always the most economical option.

This tool is designed to help you compare the expenses of your current debts with the possible costs of consolidating them into a single loan. Just input your outstanding balances, interest rates, and current payments to see if consolidating your debts could lead to potential savings. Keep in mind that this is just an approximation, and the real savings will depend on the specific loan terms a lender offers you.

 

💡 Debt Consolidation Calculator (UK)

Compare your debts with a consolidation loan and see if it’s good or bad for you.

Current Debts

Consolidation Loan

Disclaimer: This calculator provides an estimate only. Actual costs and savings will depend on the loan terms offered by your lender. Consolidating may reduce monthly payments but could increase the total cost if the new term is longer. Always check with a regulated debt adviser such as StepChange or National Debtline.