A Debt Consolidation Loan can reduce your monthly payments towards debt and allow you to pay back your debt at a more affordable rate. A consolidation loan could be most useful to home owners in Scotland in particular, who wish to consolidate debt without entering a debt solution which may involve their assets.
Since the financial crash of 2008 it can be difficult for a lot of people to get a consolidation loan, especially since most people seeking one might already have a perceived negative credit rating.
Debt Advisory Scotland can provide help on consolidation loans and also offer alternatives which would also not put your home or assets at risk, such as the Debt Arrangement Scheme.