Lots of us owe money on more than one credit card or have several different credit agreements or loans in place. It can be tricky keeping track of them all, especially if you’re making repayments on different days during the month and being charged different interest rates. This is where a debt consolidation loan can come in handy, combining your debt into one monthly repayment could help you take control of your finances.
We've teamed up with Neyber, our trusted partner, to offer loans at competitive rates to the Police family.
An exclusive loan at a great rate
The loan could be used to pay off your existing debts, particularly credit card and store card borrowing, and reduce your monthly outgoings by up to £100 per month**
Have a look at the rates available:
Rates are fixed and correct as of February 2017. Future rates are subject to change
*Representative example APR is 4.9% (fixed). Amount of credit £7,000, Term: 3 years, Interest: £529.30. Administrative fees £0, Monthly payment of £209.15. Total repayment £7,529.30
**Based on the current experience of 60% of Neyber customers at Aug 16
Please check that you meet the eligibility criteria before applying for a loan, full information can be found here.
All loans are subject to status. As a responsible lender, Neyber want to find the best way to truly help customers. The loan amount, rate and repayment term may differ, depending on your personal circumstances and Neyber's credit assessment procedures.
PMGI Limited, trading as Police Mutual, is authorised and regulated by the Financial Conduct Authority. Registered in England & Wales No. 1073408. Registered office Alexandra House, Queen Street, Lichfield, Staffordshire WS13 6QS.
PMGI Limited, trading as Police Mutual is acting as credit broker. Neyber Limited is acting as lender for the purposes of entering into a consumer credit agreement. All applications are subject to acceptance by Neyber. Terms and conditions apply.
Neyber Limited is authorised and regulated by the Financial Conduct Authority. Interim permission: 663054. Registered address: First Floor (East), Tabernacle Court, 16-28 Tabernacle Street, London, EC2A 4DD, United Kingdom, Company registered number: 08806631 Data Protection Registration Number: ZA039009.
Things to consider
Where to get help
Remember - everyone’s circumstances are different and getting a personal loan for debt consolidation may not be right for you. If you are struggling with debt or worried that you may be getting into financial difficulties, you should seek confidential debt advice from one of the free services available in the market such as:
Police Mutual Debt Advice Service: we’ve teamed up with Payplan to provide independent free support - call 0800 197 8433 (Mon-Fri 8am-9pm)
National Debt Line: call 0808 808 4000 (Mon-Fri 9am-8pm & Sat 9.30am-1pm)
StepChange Debt Charity: call 0800 138 1111 (Mon-Fri 8am-8pm & Sat 8am-4pm)