Debt consolidation from 5.5% APR

Debt consolidation simplify your finances

Combine multiple debts into one manageable monthly payment. Lower your interest rate, reduce stress, and save money.

Calculate savings Check eligibility

£600M+loans arranged

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£3,200avg annual saving

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How it works

One loan, one payment, less stress

Debt consolidation replaces multiple high-interest debts with a single, lower-interest loan.

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1. List your debts

Credit cards, store cards, overdrafts, personal loans – we'll consider them all.

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2. We find a better rate

We compare lenders to secure a lower APR, reducing your monthly outgoings.

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3. One monthly payment

We pay off your existing debts – you make one simple payment to us.

Why consolidate with us

Take control of your finances

Lower interest rates

Potentially save thousands compared to credit card rates (often 20%+ APR).

Single monthly payment

No more juggling multiple due dates and minimum payments.

Flexible terms

Choose 1–10 years to balance monthly affordability and total interest.

consolidation calculator

Estimate your potential savings

Total debt to consolidate £15,000

£1k£100k

Loan term (years) 5 years

1 year10 years

Consolidation APR 6.9%

1%25%

New monthly payment

£296.29

Total interest

£2,777.23

Total repayable

£17,777.23

Representative example: 6.9% APR on £15,000 over 5 years gives £296.29/month. Total repayable £17,777.23. Rates subject to status.

💡 Compared to average credit card rates (21% APR), you could save approximately £4,500 in interest over the term.

Eligible debts

What can we consolidate?

Most unsecured debts can be combined into one manageable loan.

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Credit cards

Store cards, Visa, Mastercard, Amex

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Overdrafts

Bank account overdrafts

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Personal loans

Existing unsecured loans

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Catalogues & finance

Buy-now-pay-later, store finance

Note: Secured debts like mortgages are not typically consolidated into unsecured loans.

Simple process

Start saving in 4 steps

Check eligibility

Soft search, won't affect your credit score.

Tell us your debts

List what you want to consolidate.

We find the best rate

Compare lenders to lower your costs.

One payment

We pay off debts, you pay one loan.

Why Renowned Lending

Experts in debt consolidation

✓40+ lenders – we compare the market to find your lowest rate.
✓Poor credit considered – we have lenders who specialise in debt consolidation for those with past issues.
✓No arrangement fees – on most consolidation loans.
✓Free, no-obligation check – see your options with no impact on credit score.

Learn more about us →

Debt consolidation - frequently asked questions

Initially, there may be a small dip due to the credit check, but in the long term, making regular payments on your new loan and paying off multiple debts can improve your score significantly.

Yes. We have specialist lenders who consider more than just your credit score – they look at your current affordability and circumstances. A secured consolidation loan may also be an option.

Unsecured consolidation doesn't require collateral but may have lower limits and higher rates. Secured consolidation uses your home as security, allowing larger amounts and lower rates, but puts your property at risk if you don't keep up payments.

Typically from £1,000 up to £100,000 for unsecured consolidation. With secured loans, you may be able to borrow more based on your home equity.

Yes, once your consolidation loan is approved, we arrange for funds to be sent directly to your existing creditors to settle those debts. You then make one monthly payment to your new lender.

Ready to simplify your finances?

Check your eligibility in 30 seconds – no impact on your credit score.

Start your application Speak to an advisor

📞 +44 7901 313122 ✉️ info@renownedlendingltd.co.uk 💬 live chat 24/7