Debt consolidation loan

Debt consolidation loanDebt consolidation loans are not the best option for everyone, so get some free advice first to see what options are available to you.

Consolidating debt usually involves taking out one larger loan to pay off lots of existing smaller debt. Most people do this to reduce the interest rate on their debt, to bring down their monthly payment amount or to reduce the number of companies they owe money to.

Debt consolidation can be a useful in some situations but for many it can involve extra costs, and potentially makes a difficult situation much worse. That’s why it’s best to get expert debt advice before taking out such a loan.

However if debt consolidation is the right option for you then we may be able to help with a debt consolidation personal loan.

Features and Benefits:

  • Loans from as little as £100 up to a maximum of £15,000, unsecured
  • From 6.7% up to 42.6% APR dependent on the loan amount
  • Easy to apply and decisions within 1-2 days
  • No hidden charges or fees or early repayment penalties
  • Repayments to suit you – weekly, fortnightly, four weekly or monthly.

Criteria:

  • Up-to-date on any current or previous borrowing with DCB
  • No recent adverse credit history
  • You must have the disposable income to meet the loan repayments.

Join DCB

Important information:

Only apply for the loan if you are sure you can repay it.  You are borrowing your fellow member’s savings, so it is important that you take your commitment to repaying the loan seriously.  If you have any difficulty in repaying your loan then contact us immediately.  Don’t ignore problems and hope they go away – usually they get worse and are more difficult to resolve.

All loans are subject to status.  Eligibility and conditions apply.  You must work or live in Derbyshire.

 

 

Staff Benefits

Responsible employers are always looking for ways to provide staff benefits to their employees. Financial worries are a huge concern to employers and workers alike. Debt can cause stress and depression which can lead to reduced productivity or even absences.

Staff benefits

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