Beginner Personal Loan Advice

Chappers27

Rather than a loan, apply for 0% balance transfer credit card, transfer the balance of credit cards to the 0% one, then set a standing order that you can afford. Its 0%!

If you dont like that option, and decide on a loan, then do remember that any search you do, a loan provider will just give you their standard APR first. It will only give you your own tailored APR once its done a credit check. It is one of the most annoying financial services processes I know.

Sncjw

How much is your debt in total

-taff

LadyLanzarote wrote: »

I have done to a point but I’m now getting frustrated without having lots of payments going out all over the place ! Want to simplify repayments, Have a budgeted amount going out each month so I can control my finances better ...

If you want to control your finacnes better, then get all your credit card statements out, check the APRs on them and work out a budget where you pay back more than the miminum amount.
All this 'one easy payment' rubbish is just that, rubbish. You can set up direct debits t pay these cards off every month, on different days, so the 'budgeted amount' going out each month should be the same anyway.

Unless you are also spending on the cards each month.
If you are doing that, go to the debt free wannabe board, post and SOA and get some budgetng help.
The chances are, you'll get a consolidation loan, you won't cut up the cards, you'll spend on the again, and in a years time you'll be back saying the loan didn't work, you need a bigger loan to consolidate again.