Loans and credit

Taking on further debt rarely improves your financial situation, and generally you cannot borrow your way out of debt. Reduced monthly payments can often give you a false feel good factor, but If you have secured your debt against your home you could be paying off the debt for the next 20 years. Always remember, that reduced monthly payments do not mean reduced debt. Only an IVA can reduce your monthly payments and reduce your debt.

The Accuma best advice model will determine if a loan is right for you, and if it is, Accuma will refer you to a professional finance company.

There are 3 categories of loan, and we will advise which type of loan is the most appropriate for you.

Consolidation Loan
Re-mortgage
Secured Loan

Reduced monthly payments will make the debt more affordable, but the long term cost of the borrowing will be significantly higher. Quite simply, if you pay less each month, you will pay more and for longer. Always take the advice of a professional.

For FREE confidential advice on the best solution for you call Accuma FREE on 08000 43 43 73 today.