With debt consolidation, it is possible to group and buy back loans. Also known as loan consolidation, refinancing or debt consolidation, credit repurchase in the UK corresponds to a personal loan at the best rate that allows you to group together all or several of your outstanding credits, loans or instalment sales.
Debt consolidation in the UK is carried out by a financial institution that balances all your outstanding loans and offers you a single loan. In this way, you keep only one loan, with a single fixed interest rate and a single repayment period that is adapted to your needs and financial situation. (more…)