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Simply put, it brings a number of debts into one easy payment.It makes sense that it would be easier to deal with one debt instead of many.At Debt Fix, we know everyone's situation is different and we understand that there is no “one size fits all” solution when it comes to managing debt.For this reason, we present affordable options specifically tailored to suit your situation.You’ll also get a tailored interest rate depending on things like your financial situation and credit history – all we need is a bit of info about your circumstances, income and expenses.Loan repayment amounts provided are indicative only and do not constitute an offer for finance from The Lending Room.Sometimes what appears to be debt consolidation isn't.

That can help you avoid the minimum payment trap that can keep you in debt for years to come.Our experts will also make sure the terms and the interest rates are right for you.The best consolidated loans are the ones that are tailored to suit you – and that’s what you’ll get at The Lending Room.What lenders are looking for: Any reputable lender will check your credit history and ask about your income and debt when deciding whether to offer you a loan.Your credit history directly affects the interest rate you are offered, and so does your ability to repay the loan.

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