It can be a stressful time to manage your bills and debt, especially if you have multiple debts where payments are spread out throughout the month. You might have had a change in personal circumstance where you are worried that you can no longer afford to keep up the repayments on various loans, or that you need a respite and an easier way to manage the debt.
What happens if you have seen a dip in your credit score? With bad credit many traditional and mainstream, lending sources will not be open to you. At this point it can be a worrying time to think about how you can keep up payments without damaging your credit score, spiralling into greater financial difficulty and suffering the consequences. Loan consolidation is one option that makes sense to many people.
With Clear Loans you can apply for a consolidation guarantor loan even if you have bad credit. All you have to do is provide proof of income and the ability to afford repayments. Alongside that we'll expect you to provide back up payment cards in case a direct debit fails, and a guarantor to add weight and security to the consolidating loan through his or her own personal credit score, property and financial information.
The application is quick and simple, with your loan paid into your bank account within 24-hours in most cases. What this means is that you can pay off your multiple debts immediately, and choose a repayment date and structure with us that ensures you are comfortable with your incomings and outgoings each month. A guarantor loan consolidation provides peace of mind and gives you much greater control over your finances for the foreseeable future.
The Clear Loans process has been designed and developed to help our customers gain the finance they require even if they have poor credit, or a change in circumstance has meant current debt has been difficult to manage.
We'll never put you in danger of debt snowballing out of control, putting in place clear interest and payable amounts and conducting affordability assessments that ensures you can afford to take out a consolidating loan with us. You have flexibility of choice in your payment dates and payment amounts, with repayment schedules up to 60-months. There are no hidden fees ever, and should you have a change in circumstance our team is happy to help, offering advice and guidance on how to restructure.
To find out more information about consolidating your debt into a single guarantor loan with Clear Loans, please feel free to contact our friendly customer service team today. You can visit our Contact Page to fill out a simple form and we will contact you at a good time for you. Alternatively you can call us on 1300 430 935. Our customer service team is available between 9am and 6pm Monday to Friday.
