Loan consolidation: one monthly payment
Several loans, several direct debits, a tight budget? Consolidation replaces your current loans with a single financing and a single, often lower, monthly payment.
How does it work?
A new lender repays your existing loans (consumer, car, revolving, sometimes mortgage) and you replace them with one loan with a new rate, term and monthly payment. Extra cash for a project can also be added.
- One contact and one monthly payment
- Usually a lighter payment through a longer term
- Option to include extra cash
- With or without security on a property, depending on the case
Points of caution
A longer term lowers the payment but generally raises the total cost of credit — the lender must tell you so. Arrangement or guarantee fees and early-repayment charges may apply depending on your current contracts. The applicable legal regime depends on how the operation is made up.
Owner or tenant?
Owning property can open other solutions (mortgage security, taking assets into account). Tenants can also have options depending on profile: the review checks it.
A budget that breathes — without a trap
Our role: compare the monthly gain with the overall cost before you commit. We will say so if consolidation is not worthwhile.
Tell us in a few clicks what you want to finance.
Frequently asked questions
Can loans be consolidated together with a mortgage?
Often yes, especially if you own property. The structure depends on the share of each loan and available assets.
Does consolidation always reduce my payments?
It often does by lengthening the term, but the total cost may rise. That is the central point of the review.
Can revolving credit be included?
Yes, revolving credit is commonly consolidated.
Is it possible with payment difficulties?
Every situation is different. Contact us and we will look at realistic options, with no promise in advance.
Let’s talk about your project
A few questions, a personalised review, a clear answer.