Payday loan consolidation loans: Get the help you need
Loan consolidation is one of the simplest and most effective tools for greater financial freedom. You get so much more than just a more flexible budget. As a result, you can reduce your monthly repayments, get more insight into your debts, get better terms with existing loans and save a lot of money. So what should you know about this tool?
1. What is consolidation?
First, we start with a little theory. What is this consolidation? Consolidation is simply to merge all loans and various financial products into one. This one new “loan” is inherently more advantageous than the previous one. You will save in monthly installments and in the total overpaid amount.
2. What can you consolidate?
You can consolidate, thus merge, in this way everything is possible. With David Copperfield, you can consolidate overdraft, credit cards, and various consumer loans. The exact number of these financial products is not limited. So you can consolidate five, six or even ten products from different companies.
3. To what extent can you consolidate your loans?
An important parameter is the amount of these loans. This may not exceed a total of CZK 600,000. This means that you can consolidate loans, overdrafts or credit cards up to CZK 600,000. You can set maturity for the newly created consolidated loan for up to 120 months. Interest will be on this loan from 5.9% and you can repay this loan at any time.
4. What does consolidation mean for your family budget?
They often consolidate their loans with spouses or entire families. So, instead of several loans and loans, there is only one, better, cheaper in the family. Even for you, this could be a great way to deal with debts. All you have to do is be over 18 years old, have a demonstrable income and not be in execution. Then we are happy to merge virtually anything.
5. Is Consolidation Right for You?
In the end, everyone can think of a question – is it suitable for me? If you have several credit cards, loans or overdrafts that you want to effectively get rid of, you have a regular income and meet all the above conditions, then yes. Consolidation is suitable for both workers or entrepreneurs, as well as pensioners or renters. They can all get rid of disadvantageous loans and start over.
Would you like to pay less? Would you finally like to breathe out the endless repayment and enjoy some freedom? Don’t hesitate for a minute and ask for a non-binding consultation. Just fill in the online form for a payday loan consolidation and we will arrange everything for you!