Debt consolidation is the process of taking out a loan to pay off one or more debts that you currently have—for example, credit card balances, or small loans you may have taken out. Debt consolidation is a manageable and often more affordable way to regain control of your finances.
Consistent monthly payments
Fixed APRs from 11.8% to 49.8%
Deposit funds into your bank account
Funds as soon as next business day ‡
We give you the flexibility to personalise your loan and choose the best option for your needs.
12 month
payment plan
24 month
payment plan
36 month
payment plan
48 month
payment plan
60 month
payment plan
72 month
payment plan
When you consolidate your debt with an instalment loan, you only have one monthly payment to keep track of, rather than having to manage multiple bills every month. An AvantCredit loan allows you to pay off debt on your terms, making it easier for you to manage your finances.
An AvantCredit loan will provide you with a fixed interest rate and payment schedule for the full term of your loan. You will know exactly what your monthly payments are and how many of them you have remaining until your loan is paid off. Your interest rate will never change during the life of your loan.
When you’re in debt, missing just one payment can damage your credit score and increase your interest rate. With a loan from AvantCredit, you can set your payments to be automatically withdrawn from your bank account every month. You never have to worry about forgetting to make your payment and you can choose your own payment date.
Your repayment period may be extended by combining various different debts into one large repayment. With a longer repayment period, you may also pay more interest over time than you would have if you paid off each debt individually.
Debt consolidation could be a viable option for anyone who is looking to find a simpler way to manage their finances. If you are interested in paying one fixed interest rate while reducing the amount of monthly payments you have to make, then consolidating your debt might be the solution for you.
Check your rate to find out if an AvantCredit loan could help you lower your debt.
* The actual amount of loan that a customer qualifies for may vary based on credit determination.
** Late or missing payments may adversely affect your credit score.
‡ Money sent same day after approval. Same day funding will depend on whether your bank supports Faster Payments. If your bank does not support Faster Payments, funds will be sent to your account the same day as approval so long as you’re approved by 21:00. While we are able to send money to your account within these given times, some banks take longer to deposit such funds to your account. If in doubt, contact your bank or our customer service team
ˆ Based on the responses from 2288 newly funded customers, in a survey conducted from 4 October 2015 - 15 May 2016, 94% of customers stated that they were either extremely likely, very likely or likely to recommend AvantCredit.
AvantCredit is a trading name of AvantCredit of UK, LLC. AvantCredit is a UK establishment of AvantCredit of UK, LLC, a Limited Liability Company incorporated in the United States. Registered at Companies House with UK establishment number BR017867. Registered address and correspondence address: 11-12 Hanover Square. London. W1S 1JJ. We are authorised and regulated by the Financial Conduct Authority. Our Firm Reference Number is 727347. Our Authorisation may be reviewed on the Financial Services Register at https://register.fca.org.uk/. We are also registered with the Information Commissioner's Office in compliance with the Data Protection Act 1998. Our registration number is ZA001503.
11-12 Hanover Square
London,
W1S 1JJ
