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Debt consolidation loans

Debt consolidation calculator

Debt consolidation calculators will often tell you about the best available deals to consolidate your debts. Ours is a little bit different. Rather than encouraging you to take out a debt consolidation loan, our calculator helps you understand whether it's a good option for you.

We want you to know if debt consolidation is something that suits your circumstances. Answering these seven simple questions will help you understand your situation better.

 
 

Risks of debt consolidation

It's really important to do your homework before taking a debt consolidation loan out. They're not always a bad idea, but we speak to lots of people who've tried to ease their finances with debt consolidation but ended up deeper in debt. Our calculator can help you work out if debt consolidation is a realistic option for you.

"They were so kind, they listened patiently and helped me through the process" Alison, Kent