DEBT CONSOLIDATION LOANS
Learn how a loan with Trounce could help you consolidate all of your debt.
What is debt consolidation loan ?
Debt consolidation is the process of taking out a loan to pay off one or more debts that you currently have—for example, credit card balances, or small loans you may have taken out. Debt consolidation is a manageable and often more affordable way to regain control of your finances.
HOW IT WORKS
Benefits of a debt consolidation loan
A Trounce loan will provide you with a fixed interest rate and payment schedule for the full term of your loan. You will know exactly what your monthly payments are and how many of them you have remaining until your loan is paid off. Your interest rate will never change during the life of your loan.
When you’re in debt, missing just one payment can damage your credit score and increase your interest rate. With a loan from Trounce, you can set your payments to be automatically withdrawn from your bank account every month. You never have to worry about forgetting to make your payment and you can choose your own payment date.
Things to consider before consolidating debt
Your repayment period may be extended by combining various different debts into one large repayment. With a longer repayment period, you may also pay more interest over time than you would have if you paid off each debt individually.
+27 12 321 1971
Office 109, Burlington Building, 235 Church St, Pretoria Central, Pretoria, 0001
We are a Pretoria Loan Agency specializing with consolidation loans. We are different because we have been where you are and know what being in debt feels like. We also know what it takes to get out of debt and will work with you to face this challenge head-on.
Tuesday 08:00 – 16:30
Wednesday 08:00 – 16:30
Thursday 08:00 – 16:30
Friday 08:00 – 16:00
Registered in South Africa, Company Reg No: 2018/620084/07. A registered Credit Provider, NCRCP11910.