Debt consolidation secured loans by simply secured:

Are you looking for a secured debt consolidation loan? If your answer is yes, please fill in our quick apply for a loan form and a qualified advisor will give you a call to discuss your options.

To keep things simple debt consolidation is moving all your outstanding debts into one monthly payment.

The benefits of debt consolidation are:

1. By consolidating you have one monthly repayment amount
2. By having one monthly payment, you can budget better
3. You may find a secured loan will give you a better rate of interest than unsecured credit cards.

Once all your debt is cleared and wrapped into one payment you will be able to build your credit score by maintaining one single payment.

By consolidating your debt, effectively you are taking unsecured debt and moving this to a secured debt against a property. You are taking debt which could be paid back over a shorter time and moving this on to a longer term. This would result in you paying more interest overall.