Debt Consolidation Loans for Bad Credit

Do you need a debt consolidation loan for bad credit? Debt Refinance offers a simple and streamlined solution: debt refinancing. This is the act of taking out one large loan up to a maximum value of R350 000 to pay off all your debt at once. This personal loan has lower interest rates and longer repayment terms, making your payments easier to fit into your budget. It also offers protection from creditors, since you can satisfy the terms of your loan without defaulting or declaring bankruptcy.

Why You Can Take out a Consolidation Loan with Bad Credit

Bad credit shouldn’t stop you from being debt-free. Debt Refinance believes everyone deserves financial freedom, no matter their fiscal background. Bad credit simply means you have some working on your finances to do, which is exactly the purpose of debt consolidation.

Of course, bad credit might affect the terms of your loan agreement. The lower your credit is, the higher your interest may be. This is a means to protect creditors in the case of your default (not paying them back). Think of it as a sort of insurance policy.

Debt Refinance’s promise is lower interest rates and longer repayment terms no matter what. Even if you are blacklisted or have bad credit, your interest rate will still be lower than the cost of your total interest and admin fees. This is because consolidation loans, a kind of personal loan, have much lower interest rates than other kinds of revolving credit like credit and store cards.

To apply for debt consolidation loans for bad credit online, use Debt Refinance’s contact form. The process takes 2 minutes and only requires your basic financial particulars and contact information.

If you would like to consolidate your debt into one easy and simple monthly payment, contact Debt Refinance. Let’s get you back on your feet.