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    Loans for consolidating debt

    Step 1: Gather information about all your debts To take control of your debt it is essential to know how much debt you have.Review your statements and work out the following: Step 2: Work out how much you can put towards paying off your debt each month Next, it’s good to know where your money is going and how much you have coming in.“I tried a few high street providers but couldn't get a loan at an acceptable rate, so did a search online and found Zopa.To get a loan from you Zopa could not have been simpler.

    It's important to check all of the other options available and make sure you're making the right choice.(fixed) plus an arrangement fee of 4.8%, you will repay £246.91 per month & £8,888.76 in total.Representative Example: The representative rate is 12.2% APR (fixed) so if you borrow £7500 over 5 years at a rate of 9.78% p.a.That means repayments are calculated so that at the end of the loan period your debt is cleared.By combining multiple debts into one easy to manage personal loan you can potentially: Read more about our personal loans.

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