Are you a homeowner? Are you looking to reduce your monthly outgoings? Is a large amount of your income taken up by servicing expensive debt? Nationwide debt consolidation may be able to help.
- Get a free valuation of your home
- Up to 90% loan to value
- Keep your existing mortgage
- You don’t need to be an existing Nationwide Building Society customer
- No lender or broker fees
- No early repayment charges
- 6.25% fixed for life
- One penalty-free payment holiday per year
Please complete the form below to get a quick in-principal decision with no hard credit searches.
Do you owe money all over the place?
If you’re looking for debt consolidation from a direct lender, you have no guarantor, have poor credit and need an instant decision, Ravenwood could help you. All loans are unsecured and you don’t need to own a home or sign away a home. The demand for Debt Consolidation Loans for Bad Credit is high so please complete the form today!
These loans are ideal for people that want to borrow new money to pay back old debts, even if they are in default.
If you want to pay your existing loans early as the loan repayment is too high. 100% Genuine Help! No brokers
Tess from Wakefield – Debt Consolidation Loans for Bad Credit
I had got in trouble with loan sharks at bonkers APR rates and I needed to sort my debts out. I got a debt consolidation loan at a much lower rate and I have just one monthly payment that I can afford. Finding debt consolidation loans bad credit direct lender has been great for me.
Ellie From York
I had been in an abusive relationship and my ex-boyfriend got me into a lot of debt. I paid off all these debts and now I have a single payment just after payday that I can easily afford. Discovering debt consolidation loans no guarantor was just what I needed and just at the right time. Goodbye poor credit history!
Katherine from Winchester – success with Debt Consolidation Loans for Bad Credit
I have had two great days in 2023, despite the coronavirus. One day was when I dumped my abusive boyfriend and got my own place, and the other was when I paid off all my old debts with my debt consolidation loan. I now have a low fixed monthly payment I can afford, and I will be debt-free in 2023! Debt consolidation loans no guarantor was exactly what I needed.
Heather from Westminster
I had so many direct debits each month for loans, credit cards, sofas and car payments. The direct debits were always bouncing because I did not have the money. Now I have paid everything off I just have 1 payment that comes out at the right time of the month. Finding out about debt consolidation loans bad credit no guarantor direct lender was very good for me! Consolidating debts works.
The loan term made the debt easier to manage with one company.
Sally from Reading
With the help of my new job, the debt consolidation loans affordability assessments were no problem for me. The repayment terms and APR rates were much lower than my other credit cards, store card and guarantor loan. Discovering Debt Consolidation Loans for Bad Credit was so positive to me. A debt consolidation loan lets you get back in control. A could compare loans in my own time. The overall cost was low.
Helen from Dorset
I owed money to lots of debt collectors including Cabot, Link Financial, Lowell, and Advantis. I managed to do a deal with all of them to make full and final settlements. They got between 10 and 20p in the pound. My debt consolidation loan paid for all these debts and the payment I can afford. I even have enough money left over each month to get my hair and nails done! Finding a debt consolidation loan no credit check was great for me.
Graham from North London
I had 6 payday loans, a doorstep loan, a credit card, and a store card. Now I just have one payment I can afford. Life is easy with debt consolidation loans bad credit non homeowner. My old outstanding debts are now gone forever!
Jane from Bridgewater
My new unsecured debt consolidation loan has made multiple payments each month reduce from a total of £568 a month to only £290 a month, and now I am paying debt down I don’t have credit cards any more that go on forever. The day I found unsecured debt consolidation loans bad credit was great for me. A good credit rating wasn’t necassary.
Tony from Manchester
I had got into a doom spiral of short-term loans and payday loans all the time, I ended up thinking I was a Ponzi Schemer like Bernie Madoff! Now I have a debt consolidation loan I just have one payment coming out of my bank just after payday at the same time as my rent and other bills. Finding unsecured debt consolidation loans for poor credit was so positive to me. The annual percentage rate was much lower than I expected.
Jennifer from Wolverhampton
The APR representative of my new unsecured loan is much lower than the credit cards and store cards I had; it is all easier to manage with a fixed monthly repayment that I can afford. The day I found loans for bad credit no guarantor direct lender was a great day for me.
Mark from Birmingham
I lost my job and could not pay my loans, credit cards, car finance, and car tax. Nasty, evil threatening letters from debt collectors rolled in daily. Once I got a new job, I got a debt consolidation loan, and I was able to pay off all the debt collectors. My monthly payment is only £241 per month – debt consolidation loans for bad credit UK no guarantor was ideal for me.
Jill from Tooting
I had a personal loan, a guarantor loan, all at a high percentage rate. Now I have paid off my other loans, my parking tickets, and my car road tax. I just have one monthly payment that I can afford. I didn’ think very bad credit loans no guarantor direct lender existed until I actually found one!
Betty from Worcester
I used to have 3 credit cards, 2 catalogues, a store card, and a personal loan. My new debt consolidation loan paid off all these and I only pay back £167 per month that I can easily afford. Finding debt consolidation loans bad credit no brokers saved me a lot of money.
Anne from Swindon
With my occupation, I could not have any CCJ’s ever. I used the debt consolidation loan to pay the debt collector Lowell, so they did not throw me in court. The loan saved my job I am so grateful.
Kate from Brighton
I paid off all my existing debts, it was a fantastic experience as they call and call and call all the time if you do not pay on time. I now have one payment each month just after my payday, the interest you pay with this loan is much lower. I had to get an unsecured loan as I do not own a house or flat. It was a great day when I found ccj loans no guarantor direct lender on the internet.
Wendy from Glasgow
My ex-boyfriend had applied for loans and credit cards in my name and run them up buying things we did not need. I had so many things going out of my bank each month I ended up getting payday loans. Now I have one personal loan I was able to pay off all my debts and have one monthly payment I can afford. It is a relief! What a fantastic find – debt consolidation loan bad credit UK.
Steve from Croydon
I got into a lot of gambling debt with credit cards, loans, and doorstep loans. During the lockdown, I decided to quit gambling and sort my life out. I got a debt consolidation loan and paid off all my old, defaulted debts and now I will be debt-free in 2025. Unsecured debt consolidation loans bad credit – what a result! My financial circumstances are no much better.
Ravenwood does not offer 100% guaranteed loans. Still, our bad credit direct lender has a high rate of acceptance as they understand that if you give people lower rates and de-clutter their life from multiple monthly obligations at different times of the month, regular payment is much easier.
It’s common to find people looking for 100% acceptance loans with bad credit as they are sick of getting turned down by lenders that are very fussy about people’s credit score and past personal circumstances.
Nationwide Debt Consolidation Secured Loans
People looking for the best debt consolidation loans are generally people looking to maintain their obligations to lenders and not default on anything, because they know defaulting is wrong and bad for everyone.
No one in their right mind wants a fee collecting middleman – NO BROKERS people scream! That’s why our direct lender does not use a broker to do the work on the loan. They have simple online applications with a minimum of scanning and sending documents. You can take pictures of your payslips or accounts with your Android or iPhone.
Secured Loans Direct Lender
Even if you have bad credit, lenders can see your income by the payments you do regularly make to your existing lenders. Tenants can be just as creditworthy as homeowners in many cases, as the responsibility for the maintenance of their home is on their landlord not them personally. If you’re a tenant and your landlord’s washing machine breaks, call your landlord.
Payday loan debt consolidation – avoid a large broker fee!
Because of payday lenders that don’t care that they put you into a monthly unsecured debt doom spiral, as long as they hit your debit card just after your payday, it’s easy to get into trouble with payday lenders. You essentially destroy the income you do have in very high rate payday loan interest. Then you run out of money for basic things long before your next payday. Our direct lender understands that with no fees, you want to get out of this Ponzi unsecured debt spiral and pay back the money you owe at a reasonable rate of interest, within a timescale you can easily manage.
Areas of the UK acceptable for urgent new loan cases – debt consolidation loan bad credit no guarantor
It doesn’t matter where you are in the UK, Scotland, Wales, England or Northern Ireland, don’t let other loans go bad, manage your borrowing with a non-homeowner debt consolidation loan. Even if you are a tenant currently on a debt management plan or iva. If your credit score is fair because you missed a few payments two years ago, interest rates can be even lower.
Don’t risk debt collector agency charges added to your debts!
“I’ve got debt collectors hassling me”, is another familiar story. You are trying to work, make a living, pay your existing debts, and all you get is people that want you to priorities their debt over everyone else’s. This is where debt consolidation is a powerful solution to getting rid of the daily harassment of creditors chasing you.
Do you have telephone bots ringing you up all the time – not even a real person calls you! You get the call by the bot and when you answer only then are you connected to a real (and usually obnoxious) person. A debt consolidation loan could help you manage your money better when you pay just after your payday. Try and preserve your credit record.
The best way to consolidate debt – real solutions for existing debts
The first rule of debt consolidation is don’t go back to the same old lenders and rack up more debt after you have paid them all off! Your debt consolidation plan relies on this. Just have one monthly payment just after your payday, pay your rent, your council tax, utility bills, and buy food. Any money you have leftover at the end of the month you can overpay your direct lender. Overpaying just a little bit can help get the interest and the debt down quickly so you are free of debt sooner.
If you need a holiday, save a little each month for it and when you go away try and get self-catering and spend no more money when you’re on holiday than you would if you were at home.
Your credit score may improve as the balances on your personal loans go down and when you apply for credit you might be offered credit at a lower interest rate with lower monthly payments. Credit cards can be a flexible way of managing your money as long as you pay them all off each month. A secured loan could be an idea to consolidate existing debt into a lower monthly payment.
Top tips of what not to do:
Look for Debt Consolidation Loans for Bad Credit. Don’t pay an upfront fee to someone offering you a 100 per cent approval loan – it’s likely that you’re going to lose your money.
Don’t get payday loans! Ever!
If you don’t have the money to service your debts even after a debt consolidation loan, look into debt management, iva or even bankruptcy.
Don’t make assumptions about your future earnings improving, base what you can pay on what you earn now.
Don’t burn your bridges with friends and family getting a guarantor loan as this can often turn very sour if your circumstances change.
Don’t risk your ability to get around by getting a car on finance. If you don’t have your car finance, they will take the car back! Get a car you can buy outright and try and maintain it as cheaply as possible. Buy an economical petrol car with low road tax, as diesel cars are being pushed out of town centres because of green regulations. A newer car doesn’t necessarily mean lower running costs. Car manufacturers are pushing out small local garages and private individuals that repair and maintain their own vehicles through the use of software diagnostics and other tools that main deals only have access to. Don’t be tempted to get a personal loan to buy a car.
Don’t risk getting your mobile cut off by getting the handset from your network! Always get an appropriately sized sim-only tariff with a low monthly charge – and don’t go over your entitled allocation. If you have not got the money for the latest iPhone – simply do without! There are many good Android phones now for just over £100 that are very usable. If you must have the latest tech, always try and put down a sizable sum on your new device, like £300 or more. Work out the cost of the phone and the airtime over the term of the contract.
Don’t have bounced direct debits and bank charges! Get a bank account that you can easily monitor from your mobile phone and make sure there is always enough money for your direct debits and standing orders. Revolut and Starling Bank have excellent apps that alert you to spending and money coming into your account. Another good money management tip is to pay with your debit card and not cash where you can.
This will allow you to go back and look at what you have spent over the previous month and will illustrate your own spending habits. Do you buy a coffee in the morning from a shop? Look back over a month on your statement, and you might find you spend a lot of money on such things when cutting out this spending can help you control your money.
Debt charities can sometimes help you with car finance, personal loan applications, homeowner loans, sourcing your credit report, and using the financial conduct authority for previous problems.
Credit card debt can be a bad problem especially for people with poor credit scores as it’s hard to do balance transfers into lower apr representative credit card deals. Store cards can be a particularly high percentage rate.
Unsecured loans authorized and regulated by the financial conduct authority are often provided via a credit broker and the loan amount should be clear as well as one interest rate. The application form should be clear and include credit faqs and one interest rate.
The importance of making your monthly repayments on time – debt consolidation loans instant decision
For each credit agreement, your monthly repayment should be made on time for your credit history or credit rating to be preserved and improved. Use the reference number to contact the lender so your loan repayments are all taken just after your wage arrives. Read all the loan terms as not making timely loan payments can result in fees and damage to your credit record.
What is best for me?
- Low-interest rate personal loans?
- A secured loan?
- A simple loan application?
- A 2nd charge mortgage at a low-interest rate
A debt consolidation loan that involves signing away your home could be very dangerous. If you have credit cards and personal loans try and make the expected monthly payment even if a secured loan is lower interest. A bad credit no guarantor consolidation loan that is unsecured could be the best option.
Secured loans for UK homeowners with mortgages
Metrobank Secured Loan
NatWest Bank Secured Loan
No Broker Fees Secured Loans credit check
HSBC Bank Bridging Loans
Co-operative Bank Secured Loan
Halifax Secured Loan
Bank Secured Loan
Lloyds Bank Secured Loan
Secured Loans For People With Bad Credit
Debt consolidation loans for bad credit UK no guarantor
General RWS information – debt consolidation loan no guarantor and Debt Consolidation Loans for Bad Credit
All rights reserved. Ravenwood does not have a company number and is not on the financial services register. Ravenwood will not perform a credit check on your credit file. Ravenwood lenders often have an exceptionally good service rating. Debt consolidation loans for bad credit UK no guarantor and debt consolidation loans for bad credit unsecured have been very popular since the COVID 19 crisis has impacted people’s monthly payments and credit score algos.
Availability of Debt Consolidation Loans for Bad Credit
Demand for Debt Consolidation Loans for Bad Credit is very high because of the high unemployment caused by the lockdowns. The sooner you apply the better.
What about a secured debt consolidation loan? Are you looking for payday loan debt consolidation?
A secured loan is ideal for a higher amount. Debt consolidation loans work by pledging your home as collateral.
How much does a debt consolidation loan cost?
Just the monthly payments, no fees or advice charges are necessary.
How do I compare debt consolidation loans?
You simply contact Ravenwood!
Does Ravenwood services have a debt consolidation loan calculator?
Yes, all your debts can be added up and your new one monthly repayment worked out after all your existing debts are added up. All loans have fixed monthly payments, no balance transfer fee and a low credit score is fine.
Do debt consolidation loans hurt your credit score?
No, all credit searches are soft searches. The maximum apr will be part of your proposal. You will also get free debt advice and you can work out if you can get a debt consolidation loan and if the loan rates are cheap enough for you.
Can I even apply on bank holidays?
Yes, that’s not a problem.
Do I need to be a UK resident?
Yes, you need to live in the UK permanently and legally.
Can I borrow money for home improvements?
Yes, that’s no problem.
What if I am self employed?
We offer quality service for all people and there are no extra fees and the same interest rate offered.
Can I pay the loan early with no penalty?
Yes, when you apply online, even if you have financial problems in the past if your circumstances improve you can pay the loan back early and this will affect your credit in a very positive way.
Will I get a representative example when I apply for a loan?
Yes, when taking out debt for a longer period you can read the small print carefully and make the final decision about the total cost yourself.
Ravenwood Services is not a lender and they have no financial services register number, no relationship with the prudential regulation authority or firm reference number.
Are debt consolidation loans a good idea?
They can be an excellent idea yes.