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Debt Consolidation At The Lending Room

Monday 29 June 2015, 4:54PM

By Beckie Wright

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Juggling a whole lot of little debts can become a real hassle – especially when payments are missed. The professional team at The Lending Room understand this and have come up with a hassle-free plan for people to consolidate their debts, meaning they will only have to manage one payment. The Lending Room experts will also make sure the terms and the interest rates are right for their clients. There are several debt consolidation options, the first of which is a secure loan. A secured loan gives people more options and better rates and all they need is a car or property to offer as security.

The Lending Room can also offer a bad credit loan so that even if people have a bad credit history or defaults with Baycorp, and are having trouble getting finance, The Lending Room will try to assist, taking each case on its merits. An unsecured loan is ideal for someone who doesn’t own a car or property, or if their car already has finance on it and all they need to do is get in touch with the team at The Lending Room for assistance.  

For those who are paying too much interest on a consolidated debt somewhere else, The Lending Room can help. By refinancing a loan with The Lending Room, they will sort out an interest rate and repayments to suit any budget. The best consolidated loans are the ones that are tailored to suit the person concerned, and that is what is offered at The Lending Room. People can choose to make direct debit repayments, monthly, weekly or fortnightly so the repayment is set up for the person’s pay day, meaning they will never have to worry about upcoming payments again. The Lending Room also get a tailored interest rate depending on things like the client’s financial situation and credit history. All the team need is a bit of info about the client’s circumstances, income and expenses.

With an unsecured loan someone can borrow $2k - $5k, based on their ability to pay it back, without needing an asset on the loan. The Lending Room will look at their situation and come back with the amount they’ll be able to borrow and they will also make sure they get the best rates around so the client can get those unexpected dentist or surgery bills sorted, or start planning the renovations, holiday or wedding of their dreams.

For more information please visit their website at http://www.thelendingroom.co.nz .