Lloyds Bank
- Debt consolidation up to £25,000
- Low-interest starting from 4.9%
- Repayment up to 5 years
Table of Contents
[Accessed May 19, 2023]
About Lloyds Bank
Our customer service is off the charts - we actually make an effort to engage with our customers and offer them a personalized service - to us you're more than just a number.
Our staff are all incredibly professional, highly skilled and enthusiastic about finance - contact us today to see how our loans and awesome staff work together to bring you financial bliss!
Advantages of our debt consolidation loan:
- Empowers you to become debt-free
- Frequently saves customers money in both interest and fees
- Easier to manage
- Helps avoid high-interest loans such as payday loans
- Apply for additional credit and make important purchases
Do you have numerous loans and need help?
Lloyds Bank is focused on providing affordable short term credit and loan consolidation loans that empower the customer's budget and financial capacity. Many people fall prey to loan sharks who promise fast cash and flexible terms but these payday loans are exceptionally notorious for high-interest rates and fees. The credits they get from these corrupt lenders aren't in the customers best interest and don't take account of their individual needs and circumstances.
Lloyds Bank Services
In case you're presently in debt and are attempting to find an approach to diminish your debt instalments, then you may need to have to consider taking out a debt consolidation loan.
In basic terms, these loans permit you to pay off the majority of your debt (from personal loans, payday loans and so forth), and be left with only one loan.
Get out of debt - debt consolidation loans
You may be asking why this is something to be thankful for since regardless, you'll still owe cash, however, there are many reasons why you ought to consider debt consolidation and this includes having one single payment, lower overall interest, an improvement in your credit score in the long term and peace of mind.
Enjoy a single payment
When you have various loans from distinctive lenders it can be, to a great degree, hard to recollect the extent to which you have to pay every lender and additionally on which date they expect to be paid. As opposed to worrying about this, you can consolidate the greater part of your debt so you simply owe cash to one lender. This makes things much easier.
Lloyds Bank – Consolidation loan
- Loan Type Debt consolidation
- Interest Rate from 4.9%
- Loan Amount up to £25,000
- Repayment 1 year to 5 years
Benefits of Lloyds Bank
- With our service, you can become debt-free
- Affordable monthly payments
- We will negotiate better rates on your behalf
Consider Lloyds Bank as your number one debt consolidation loan specialist
Debt consolidation involves taking out one loan in order to fully, or partially, repay many smaller unsecured loans.
The purpose of a debt consolidation loan is to either lower the total amount of interest you pay overall or lower your monthly repayments to increase affordability. You may take out a debt consolidation loan merely to make your debts more manageable and not to lower your repayments or save on interest.
Get a cheaper interest rate
Debt consolidation loans permit you to diminish your interest rate, particularly in the event that your debt lies primarily in the form of credit card debt. By and large, these sorts of loans are much less expensive in the long haul, which is great news if you're a borrower.
Get Debt Free Faster
Debt consolidation, likewise, permits you to get debt free faster since the interest rate that you'll be paying ought to be much lower than it was in the recent past. You may be amazed by how much an effect one of these loans can have on your life! Before you know it you'll be debt-free which will take a ton of pressure off you!
Personalized loans you can count on
Lloyds Bank's debt consolidation loans are made to suit each individual's budgetary needs, helping them to accomplish monetary flexibility and break the trap of unstable debt obligations. Essentially we allow you to combine debts, easily manage your obligations and save on interest. It likewise helps you diminish your debt and build up your savings, emergency and investment accounts.
Benefits and features of Lloyds Bank’s personal loans
- Make your debt easier to manage with one single monthly repayment
- Save on interest
- Lower your total monthly repayment figure
- Repay early with no penalty fees
- Representative APR of just 4.9% on loans of between £7,500 and £25,000
- Fixed monthly repayments over the entire term of the loan
- Select a loan repayment term of between 12 months and 5 years
- Apply online for a personalized quotation on a loan that does not affect your credit score
What you should do before applying for at Lloyds Bank
A good place to start is to get a personalized quote on a debt consolidation loan from Lloyds Bank and then add up all the debts you intend to consolidate to determine if you’ll save on interest, get a lower monthly repayment total or simply make things easier to manage overall. If you select a longer repayment term you may get lower monthly repayments but will pay more in interest overall.
Consolidate your debts at Lloyds Bank
Lloyds Bank offers debt consolidation loans of between £1,000 and £25,000 at a fixed interest rate over a loan term of between 12 months and 5 years. Before applying for a debt consolidation loan from Lloyds Bank, it’s important that you determine if consolidation is the right option for you. To apply for a debt consolidation loan you can visit our website and complete the entire application online, visit us in-branch or call us. If you're an existing Lloyds Bank customer this process will take a mere 5 minutes and if you're a new customer you can get a personalized quote and apply in just 10 minutes.
Lloyds Bank is a trusted & reliable provider of debt consolidation
In our review, Lloyds Bank adheres to the compliance criteria in accordance with the Consumer Credit Act, where the granting the loan will not cause financial distress to the consumer.
✅ Lloyds Bank is a registered credit provider in UK: FCA number 119278
Customer Reviews & Testimonials
Lloyds Bank Contact
Physical Address
- 185 Baker Street London Greater London NW1 6XB United Kingdom
- Get Directions
Opening Hours
- Monday 09:00 – 17:00
- Tuesday 09:00 – 17:00
- Wednesday 09:30 – 17:00
- Thursday 09:00 – 17:00
- Friday 09:00 – 17:00
- Saturday – Closed
- Sunday – Closed