There are many reasons why January is often people’s least favourite month of the year. It’s cold and dark, for a start, and lasts for 31 days, which is a long time from that early December payday. What’s more, it comes after Christmas has been and gone when it’s hard not to over spend, resulting in some people starting January having run up big debts in November and December.
Here at CLEVR Money, we know how easy it can be to lose track of the money you owe, especially in January and if you’re dealing with multiple lenders, and that’s why we’re pleased to offer our members specially tailored debt repayment loans.
Debt repayment loans from CLEVR Money are designed, among other things, to help our members cope with the fall-out from Christmas spending. From credit cards and overdrafts to store cards and buy-now-pay-later options like Klarna and clearpay, it can be easy to find yourself owing money all over the place. If you’re coping with multiple repayments on different dates it can be difficult to keep track and you risk missing payments, which can land you with expensive penalties. That’s where our loans can make all the difference.
Debt repayment loans simplify the process of paying back what you owe by consolidating everything you owe into one, easy-to-understand loan. Our debt repayment loans combine the totals and pay off what you owe to other lenders in full, leaving you with just the one regular payment with CLEVR Money to keep track of.
The other big advantage of our debt repayment loans is that you are borrowing from a responsible and ethical lender. We run on a not-for-profit basis, enabling us to keep our interest rates as fair as possible when lending money to help our members. It also means that our debt repayment loans come with absolutely no strings attached. Unlike some lenders, we don’t hide extra fees or charges in the small print, and we make sure that every member knows exactly how much they’ll be paying back in total and what each weekly or monthly repayment will be.
The process for applying for one of our debt repayment loans has been made as simple as possible, and everything can be done online. Once you’ve given us all the information we need we’ll reach a decision as quickly as we can and, if the loan is approved, we will transfer the money to your account. Our debt repayment loans could be the ideal means of taking control of your finances at the start of the year, safe in the knowledge that you’re dealing with an ethical lender with your best interests at heart.
*Representative example. Borrowing £5,500 over 48 months will cost £148.51. Total amount repayable is £7,128.48 which includes interest at 14.2% APR. The figures given above are for illustrative purposes only. The actual interest rates and repayment amounts may vary subject to loan amount and status.