Debt Consolidation Loans for Bad Credit
If you have bad credit and want to consolidate your existing debts, we can help you find debt consolidation loans for bad credit today:
Representative APR: 49.9% | Representative Example: Loan Amount: £1,000 over 12 months at £107.53 per month. Total Repayment: £1,290.36 | Interest: £290.36. Interest rate: 49.9% p.a. Fixed*.
Find Debt Consolidation Loans for Bad Credit in 3 Easy Steps
Step 1 - Application
Click apply now and fill in our short application form. This should take only a few minutes to complete to see your debt consolidation loans for bad credit offers.
Step Two - Decision
We work fast to provide a quick decision, then you can review the lenders willing to help today. Choose the lender offer for a debt consolidation loan for bad credit you want and continue.
Step Three - Cash
Once decided and fully approved, you’ll be sent your digital loan agreement to sign. The lender will then transfer the approved funds to your bank account within 10 minutes.
Discover Lenders of Debt Consolidation Loans for Bad Credit
Having multiple creditors to maintain each month can be difficult and may leave you struggling to repay. If you have heard of consolidating your debts but weren’t sure where to start, here at LoanBird, we can help you discover suitable options. As you may be someone with a bad credit history, your credit rating may be low. We can show you lenders willing to provide loans for bad credit using our FREE service. All you need to do is tell us how much you want to borrow and the repayment term you need, complete our application form, and we’ll show you who can help.
Whilst we can help those find debt consolidation loans when they need them, some loans may require good levels of credit to be successful. That’s why our trusted panel of lenders can provide debt consolidation loans for bad credit suitable for your circumstances. You’ll then be able to turn multiple debts into one manageable repayment that you can afford based on your application. To see your lender offers today, click Apply Now. No matter what type of loan you need, whether it’s instalment loans for bad credit, or a no guarantor loan for bad credit, LoanBird can help.
How LoanBird Can Help You Today
There are many features we can provide when choosing to use LoanBird to find debt consolidation loans for bad credit. This includes:
Fast online application that’s simple to complete
Find debt consolidation loans for bad credit up to £15,000
Apply online from anywhere on any device
Get an instant decision with our online loan finder
Discover loans with no credit check needed to apply
Over 30 FCA authorised UK loan lenders
Instant loans available the same day
Get cash in your account 10 minutes after approval
No brokerage fees – completely FREE to use!
Why Choose a Debt Consolidation for Bad Credit?
When customers are looking to consolidate their debts, it’s usually so they can make managing their finances much simpler. Over time, it can be easy to accumulate debt across multiple creditors, meaning multiple repayments every month and possibly all on different dates. Being able to turn multiple debts into one manageable agreement not only makes monthly repayment simpler, but also enables you to pay off your creditors and have one sole creditor to repay.
At LoanBird, whilst we cannot guarantee your application will be approved by a lender, we can show you your offers for FREE without causing a further impact on your credit rating. If then there are no suitable options for you currently, you won’t need to continue an application. There’s no obligation to choose a lender today, so you can use our online service to see your options whenever you want to.
Eligibility to Find Debt Consolidation Loans for Bad Credit
To be able to apply and see your available lender offers, you will need to meet the following requirements first:
At least 18 years of age
A current UK resident
Hold a UK bank account with a valid debit card
Receive a regular monthly income
As our panel of lenders do not provide guaranteed loans, your application once chosen a lender will be subject to relevant credit and affordability checks. As a broker, we do not provide a lending decision ourselves or lend our own money. It will be the decision of the lender you choose to assess your finances and provide a decision today.
Apply Online Now Using Our FREE Service
Ready to see your lender offers for FREE? Click apply now and begin your application which takes just a few minutes to complete. We look forward to helping you find debt consolidation loans for bad credit suitable for you.
Have any questions? Please contact us to find out more or browse our website for more information. If you are in current financial difficulties, you should carefully consider if a debt consolidation loan for bad credit is right for you. For more financial advice, please visit Money Helper.
Debt Consolidation Loans for Bad Credit FAQs
Am I Guaranteed Approval for a Debt Consolidation with Bad Credit?
No application can be guaranteed before an assessment of your credit history and finances is completed. Whilst we can connect you with lenders who can help those with bad credit, an approval decision cannot be 100% guaranteed. You should ensure once you have found a lender that you have any relevant documents to hand that may support your application, such as bank statements, proof of identity and your proof of address.
Will I Need a Guarantor to Apply?
We do not require you to have a guarantor to see your lender offers for FREE using our service. Some of our panel of FCA approved lenders may be able to offer guarantor loans, but many do not require this to apply. As you are looking for debt consolidation loans for bad credit, the lenders you choose will be aware you have a low credit rating and can still look to help you as a sole applicant.
Can I Choose Flexible Repayments?
Yes, when completing your application form, you can choose the repayment term you are ideally looking for. Depending on how much you need to borrow with debt consolidation loans for bad credit, you may be able to choose repayments up to 5 years. The amount and repayment term offered may differ between lenders, but you will be able to review each offer before proceeding.