Debt Consolidation Loans (8.5% APR typical variable)
If you have expensive unsecured debt such as credit cards and store cards, and if you are struggling to meet your monthly repayments or reduce the outstanding debt, a secured debt consolidation loan could be the answer.
A secured debt consolidation loan allows you to use equity in your home to release funds which can be used to pay off expensive unsecured debt.
Our experienced advisors can offer you the best advice on which loan is right for you and will shop around to get you the best deal.
Bad Credit History? Ask Finance can help.
No matter what your circumstances we can help, in fact we specialise in helping people with a bad credit history.
If you have a poor credit rating, CCJs, defaults or late payments or if you have been turned down for loans in the past, don’t panic as we can help.
We will do our utmost to find you the best deal from our panel of lenders, as we understand that your debt consolidation loan is a major financial commitment and that the monthly repayments you have to make will affect your standard of living.
Indeed, if you do have a bad credit history it is even more important to get expert advice, to ensure you don’t take on a debt consolidation loan with a higher interest rate than necessary.
This is why we search the market to find a debt consolidation loan that best suits your needs. Contact Ask Finance today on 0808 131 3304 for professional advice and the best possible service.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERM OF DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
For mortgages and re-mortgages the overall cost for comparison is 8.5% APR variable and for secured loans 14.5% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. A broker fee may be payable on completion, and will depend on your circumstances. For mortgages and re-mortgages this fee is typically between 0% and 3% of the gross mortgage amount, subject to a minimum of £2,495 and a maximum of £3,995. For secured loans, the fee is typically between 0% and 10% of the loan value.
Ask Finance Ltd is registered in England and Wales (company number 4229724), Jackson House, Sibson Rd, Sale, Manchester, M33 7RR. Ask Finance is licensed under the 1974 consumer credit act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.
Testimonials
- “It was such a relief to know that there is help with financial issues, and Ask Finance helped us a great deal. I have had many sleepless nights...
Mr and Mrs E