Consolidate / Merge Loans
Consolidating debts means putting all your outstanding loans into one new loan.
If you have several different debts, such as credit cards, loans, overdrafts etc, you may find it difficult to keep track of your finances. Consolidating your debts is where you merge all your current unsecured debts and loans into one new loan. You then have just one monthly payment that should be lower than what you were already paying each month on your existing loans.
So, instead of paying 3 or 4 loans each month at different times throughout the month, these existing loans are paid off with a one new loan from Smart Loans and you then have just one monthly payment. This should fresh up cash every month and make managing your finances more straight forward.
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