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Pegasus Personal Finance

Call0800 066 2882

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(8.9% APR illustration)

This does not constitute a quote, rates may vary depending on personal circumstances.

I wanted to ask about the debt consolidation loans. I have debt totalling about £24,000 that I would like to pay off so that I can hopefully reduce my monthly outgoings. Can you tell me what the longest period I can do this over is please?

Hi James,

Thanks for your email and your question about debt consolidation loans. Generally we can arrange a great rate of interest for a loan over 5 years.

However if you own your own property we could do this over a much longer period if that’s what you want. Ideally you should speak to one of our personal brokers who will guide you through finding the best possible debt consolidation loan to match your circumstances.

You can phone them on 0800 066 2882 or complete our short online application form and one of them will give you a call shortly.

Hope that’s of some help and we look forward to hearing from you.

About The Expert

Pegasus Finance is a trading style of The Car Loan Warehouse Limited

The Car Loan Warehouse Limited is authorised and regulated by the Financial Conduct Authority. Our registered FRN is 662397. Registered Company No. 08127935. All finance is subject to status and income. Applicants must be 18 years or over, terms and conditions apply, guarantees and indemnities may be required. The Car Loan Warehouse Limited is a broker, not a lender and can introduce you to a number of finance providers based on your credit rating and we will receive a commission for such introductions. Written quotation on request. Certain exclusions for Northern Ireland residents. Borrowing £8,000 over 48 months with a representative APR of 14.9%, an annual interest rate of 7.7% and a deposit of £0.00. 48 payments of £218.49 per month. Total cost of credit being £2,487.57 and a total amount payable of £10,487.57. Terms available 12-120 months, 5.9%-49%APR. Pegasus Finance do not provide financial advice.

We can introduce you to a limited number of lenders that offer finance products, but we do not offer any advice or recommendations. We do not charge you a fee for our services, but we receive commission from the lenders we introduce you to. The commission we receive is either a fixed fee or a percentage of the amount you borrow but the existence of commission does not affect the amount you will pay under the agreement. The commission we receive varies depending on how you are introduced to us, which lender we place you with, and which finance product you choose. We will pass a proportion of the commission we receive to the motor retailer that introduced you to us. The commission we receive and pay will not affect the amount of interest you pay under your credit agreement, when compared to customers in circumstances similar to you. We will always introduce you to the lender that provides products for your needs, at the interest rate suitable for your credit profile. If you ask us, we will tell you the amount of commission we are paid for introducing you to the finance lender.

Pegasus Finance, Technology House, Station Road, Alton, GU34 2PZ