Nowadays, finding yourself in a bit of debt is a common occurrence.
Swiping your credit card more times than you should, needing to borrow money to fix your car after an accident or taking out a loan to buy your first home - all of these factors can lead you down a path to where you find yourself sinking deeper and deeper into debt.
What is a debt consolidation loan?
A debt consolidation loan is a loan one can take out in order to repay other existing debt. We at Barclays want to help you at a time when you really need it. We will help you lessen the load and get back on top of your debt, so you can get back to living your life without worrying about any debt hanging over your head.
We treat you as an individual
We know that no two people are the same, therefore when you get a quote from us, we factor in your unique situation and individual needs which helps us arrive at the best possible offer for you. We strive to make sure that the service we offer you will, as best as we can make it, fit your needs.
Getting a debt consolidation loan could be the first step you need to take in order to become debt-free.
One of the advantages of consolidating your existing debt with a single loan is that having one loan makes things more straightforward and easier to deal with as opposed to having to manage multiple loans requiring different payments at varying times of the month.
Support throughout the process
Our team is here for you to offer assistance and answer all your questions as quickly as possible. Visit any one of our branches and we’ll help you decide on the best option for you. Our high level of service ensures that you will always be treated fairly and reasonably.
Simple and fast
We value your time. That’s why we’ve made our application processes as simple and hassle-free as possible. We won’t waste your time unnecessarily because we understand that you coming to us means that you need help urgently. Unlike other lenders, more often than not, we’ll be able to provide you with a personalised quote upfront. What’s more, this won't affect your credit score.
Barclays Product Details
- Loan Type Debt consolidation loans
- Loan Amount up to £15,000
- Repayment 24 months to 60 months
Summary of Services
- Easy Cash Loans
- Bad Credit Loans
- Credit Card Solutions
Our online applications are quick and our loans are affordable
If you already have a loan with us, get in touch to see if you are eligible to top it up so you can have the extra money you need to clear your other debts.
The loan requirements
If you want to apply online, you need to have a Barclays current account, mortgage or a Barclaycard; you need to be a UK resident and be 18 years or older. Barclay's current account holders can apply via our online banking while other Barclays customers can apply on our website.
What then happens when your debt starts getting out of control
Well, there is a solution for you: get a Barclays loan and we’ll help you consolidate your existing debt so you can pay it off quicker and easier. We are a UK-based financial services provider offering various financial services to the public. One of these is helping you consolidate your debt. This is a good way to help you keep track of your money and take back control of your finances.
Although consolidating your existing debt may sound like the solution to your problems - and of course, we are happy to help you if that is the case - it is still very wise to take the time to really consider whether it is the right option for you.
Remember, you are taking out a bad credit loan to repay all your other loans so you need to assess whether you are in the right position to select this option. The last thing we would want is for you to get into further debt.
Customer Reviews & Testimonials
Fast and reliable service
— Manchester —
I received the money in less than 2 minutes
— London —