The term ‘debt consolidation’ refers to a type of loan that will help you to save time and reduce monthly payments by managing your debts. The best way to show you the potential benefits of a debt consolidation loan is through a real life example.

Steven, a 46 yr old finance manager enquired about debt consolidation with Smart Money. He was struggling to balance his repayments on two personal loans, an online catalogue and two credit cards that had started to spiral out of control. Each of them required repayment at different times of the month, with different interest rates, fees and charges. When we spoke to Steven, he was relieved to hear that the debt consolidation loan could wrap all of these debts into one manageable repayment.

Steven, a 46 yr old finance manager enquired about debt consolidation with Smart Money. He was struggling to balance his repayments on two personal loans, an online catalogue and two credit cards that had started to spiral out of control. Each of them required repayment at different times of the month, with different interest rates, fees and charges. When we spoke to Steven, he was relieved to hear that the debt consolidation loan could wrap all of these debts into one manageable repayment.

If your circumstances are similar to Steven’s and you feel like your finances are getting the better of you, please don’t hesitate to call one of our team members at Smart Money as soon as possible – you too may be eligible for a debt consolidation loan that could help you save thousands of pounds a year.

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