Want One Monthly Payment? Explore Debt Consolidation Loans

Several due dates can make debts harder to keep track of. CashFacts is a UK direct lender offering £500 to £2,500, repaid in fixed monthly instalments over a set term.

  • One fixed payment : Replace overlapping due dates with a single schedule
  • Soft search first : Check your eligibility without affecting your credit score
  • Direct lender : No broker involved, so no broker fees
CHECK MY ELIGIBILITY (SOFT SEARCH)

Approval isn't guaranteed. Consolidating debts could mean you pay more overall. Compare your options and consider free debt advice first.

Simplify overlapping debts with one predictable monthly payment

Juggling multiple repayment dates across different lenders, overdrafts, store cards, or utility bills can easily lead to missed deadlines and unexpected late fees. When smaller debts pile up simultaneously, tracking what you owe each week becomes a stressful chore.

At CashFacts, we offer straightforward debt consolidation loans in the UK designed to help you regain control of your personal budget. By merging smaller existing debts into a single, structured loan, you replace multiple confusing payment cycles with one transparent monthly payment directly to us.

Could one monthly payment make your debts easier to manage?

Juggling payments across overdrafts, cards and loans can lead to missed dates and late charges.

A consolidation loan means:

  • One payment date : Choose a date that suits your payday
  • Fixed instalments : You know the amount from start to finish
  • A clear end date : Your agreement shows when the loan finishes
Could one monthly payment make your debts easier to manage?

Could consolidating cost you more?

Possibly. Consolidation isn't always cheaper. Our loans are high-cost, so check these first:

Your current debt What to check
Overdrafts, credit cards and store cards Their APR may be lower than this loan's
Other high-cost short-term loans Compare the total you'd repay
Debts with early settlement charges Ask for a settlement figure first

If your existing debts cost less than this loan, consolidating could mean you repay more in total.

Where can you get free debt advice before borrowing?

Free, impartial help is available from:

  • MoneyHelper
  • StepChange
  • National Debtline
  • Citizens Advice

An adviser can explain your options, including repayment plans that may not involve new borrowing.

Where can you get free debt advice before borrowing?

How do you apply for a consolidation loan?

  • 1. Add up what you owe. Ask each creditor for a settlement figure, then choose an amount from £500 to £2,500 and a term you can manage.
  • 2. Complete the secure form. Enter your income, regular outgoings and bank details.
  • 3. Review your agreement. If you're approved and verified, you'll see the total repayable before accepting. Once you accept, funds go to your UK bank account.

Are you eligible for a debt consolidation loan?

You can apply if you:

  • Are 18 or over and live in the UK
  • Have a UK bank account with a debit card
  • Receive regular income paid into that account
  • Can pass our affordability and identity checks

Worried about past late payments? See our bad credit loans UK page. Mainly on benefits? Read our guide to loans for unemployed on benefits.

Why choose CashFacts for debt consolidation?

  • Affordability first : We check repayments are manageable before offering a loan
  • Direct lending : You deal with us, with no broker in between
  • Clear agreement : It shows the total repayable before you accept
  • Apply on your own : No guarantor needed. See our no guarantor loans
CHECK MY ELIGIBILITY (SOFT SEARCH)

Other borrowing needs? See our home improvement loans, everyday loans, short term loans, Christmas loans and holiday loans pages.

CashFacts- FAQs

FAQs

Does the loan pay my creditors directly?

No. We pay funds to your bank account and you settle your debts yourself. Pay them promptly, and keep proof of each payment.

Can I include priority debts like rent or council tax?

Speak to a free debt adviser first. Priority debts, such as rent, council tax and energy arrears, carry serious consequences if unpaid, and cheaper solutions may exist.

How will a consolidation loan show on my credit file?

It's a new credit agreement and will usually appear on your file. Paying off other debts doesn't erase their history, and missed repayments can lower your score.

What if I can't keep up with the new repayments?

Contact us early, and speak to StepChange, National Debtline or Citizens Advice for free help.

Can I repay early?

You may be able to. Check your agreement to see how early repayment affects what you owe.

Representative Example

You borrow£700
Loan term6 months
6 monthly instalments of£190.40
Total interest charged£442.40
Total amount repayable£1,142.40
Representative APR (fixed)498.8%

Borrow £700 over 6 months. Repay in 6 monthly instalments of £190.40. Total amount repayable: £1,142.40. Total interest charged: £442.40. Representative 498.8% APR (fixed).

Warning

Late repayment can cause you serious money problems.

For help, go to moneyhelper.org.uk.

I want debt consolidation loans for bad credit near me. Does CashFacts Offer?

Yes, we do.

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