Loan Calculator

Debt consolidation action plan:

1. Gather information about your outstanding debts.
   Find out the balance, payment due dates, interest rates and the size of the debts to get a clear picture of your situation. In order to calculate your interest payments you will need our loan calculator. Prioritise high interest rate debts such as credit cards, store cards and personal loans.
2. Contact your lender/creditor as soon as possible
   Lenders are more than willing to work with you if you contact them as soon as you know you're going to have problems. They should be able to work out a more manageable payment arrangement for your situation if they are kept in the loop. If you are drowning in debt, don't prolong acting on it. The longer you leave it the more it compounds in interest and the likelihood of going into default increases. This means interest rates on consolidation options may increase or ultimately even prevent you from having a viable option.