Looking to consolidate your debts?

Reduce your monthly bills and outgoings
Have one affordable monthly payment
Consolidate debts from credit cards, loans and other debts
Free yourself of debt worries

Consolidate your debts with our range of solutions

Debt Reducers have many years' experience offering solutions tailored to our customers' needs.

Traditionally these solutions included a range of loans and remortgages. You may still be able to obtain a remortgage or consolidation loan but there are other solutions available to help you out of debt.

We can offer free advice on choosing a solution which could be right for you in one free call.

Apply for consolidation advice now

How do we consolidate your debts?

Our team of UK debt consolidation experts can help you explore your options. Tell them about your monthly commitments and requirements and they will advise you on your best way out of debt, based on your circumstances.

Our initial advice on your best financial solution is free. Fees payable when continuing service is provided. Calls may be recorded for training and quality purposes.

Debt consolidation FAQs:

What is debt consolidation?

Debt consolidation enables you to consolidate existing debts into one affordable monthly payment from a wide range of solutions. Traditionally people in debt would take out a loan to cover their debts. But now there are many solutions you can use to get out of debt. These include: Remortgage, IVAs, Scottish Trust Deeds and Debt Management.

Why would I want to consolidate my debts?

If you’re juggling all your debts and are finding it hard to meet your monthly payments, or, you may be paying out more than you can afford, you are probably finding this hard to manage. By consolidating your debts you could reduce all your payments into one, lower affordable monthly payment.

Do I have to be a homeowner to consolidate my debts?

You do not have to be a homeowner to consolidate debts. There are many solutions available to tenants and benefit from lower monthly payments.

These solutions include debt management plans, IVAs or Scottish Trust Deeds. With these so you won't need to take out a secured or unsecured loans. If you are a homeowner you may be able to remortgage your property or obtain a secured loan at a lower interest rate than you are currently paying.

Are there any drawbacks to debt consolidation?

It depends on the particular solution that's best for you.
Generally, your payments are lower but you will be paying them for a longer period of time. This means you may end up paying more in the long run, but will be able to manage your monthly finances. Each solution has its own benefits and drawbacks, speak to an adviser or click a solution below to read more.

- Debt management
- IVAs
- Trust Deeds
- Remortgage

Apply for advice

Mrs S, Scunthorpe says this about Debt Consolidation:"To all staff... I'd like to say thank you for all your help and support and friendly advice that you have given me over the past few weeks. I can now look forward to a bright future"

Mrs S, Kent says this about Debt Reducers: "I just wanted to say a HUGE thank you to you - it makes me cringe when I think about how I could have gone on struggling for the rest of my life! You have no idea how much of a relief this is!"

Mr P.M, Kent says this about Debt Management: "You've given me back my peace of mind. I've got someone I can talk to who helps me to relax and gives me light at the end of the tunnel!"