Debt Consolidation Made Easy with A Loan from Excelsior

Being in debt can be draining, and we do not just mean on your finances. The problem with debt is that it has an uncanny way of introducing stress into every sphere of your life. Debt means you have less money to spend, which means some of your bills will go unpaid. Besides the fact that you might get blacklisted, you cannot even head out for a few nights of stress-relieving fun, because you cannot afford it. Debt is the pits, that is for sure. Luckily for those who do find themselves in debt, there is the solution of debt consolidation. With debt consolidation, you can free up your cashflow so that you have more money available each month without having to worry about how your debts will be serviced.

Debt consolidation is not a process of magically eliminating your debts. It is about refinancing your debt so that you can pay it off more conveniently and cost-effectively. For this to be done, all your debt must be examined and added up. A loan must then be applied for that covers the total outstanding amount. How does this help the average person on the street? It is simple – the loan you apply for can be paid off over a longer time period and, because it is one large sum and not several small ones, the interest rate can be negotiated to be lower and therefore more affordable.

What happens if you are unable to get a loan to consolidate your debt? Debt consolidation loans are not always the easiest to put in place, but at XCELSIOR, we really can make it easy. With our help, you can apply for a loan even if you are blacklisted or have a poor credit rating. If you are wondering how that is possible, it is because we accept a vehicle as a form of collateral. Having collateral means that we do not need to do credit checks or carry out affordability assessments. The idea is that we will lock up your vehicle in our safe storage facility for the duration of your debt consolidation loan. When the amount has been paid off, the vehicle will be returned to you. This is a great way to get your debt settled without having to actually sell your vehicle. Of course, you would have to make alternative transport arrangements for the duration of your loan.

Tired of Debt Draining Your Wallet and Your Sense of Well-Being?

If debt is tiring you out and causing excessive stress and strain in your life, there is no need to let it affect your health and happiness. There is help available to all South Africans, whether you are blacklisted or not, and whether you have a poor credit rating or not. With the help of XCELSIOR, you can put a loan in place with a low interest rate and easy repayment terms. It is a quick and easy process and we would love to tell you more about it. To learn more about getting out of debt with a debt consolidation loan from XCELSIOR, contact us via email or telephone today.