Debt consolidation

At the start of every year, we all sit down and think about what we want the year to bring. As such, we typically end up with a list of resolutions that often prove difficult to keep! Still, the practice of making New Year’s resolutions is important, as it focuses our attention and helps us […]

Statistics show that the average household debt in the UK is £63,528. Debt can be debilitating and can inhibit your lifestyle, particularly if you don’t keep on top of your monthly repayments. So, with that in mind, here are five key ways that will help you get out of debt more quickly, enabling you to […]

Depending on your financial circumstances, it might make sense to apply for several loans simultaneously. But is doing so a good idea? Here, we look at whether you can get more than one loan at a time and offer some insight into whether your applications are likely to be successful.  So, can you get more […]

Applying for a debt consolidation loan can be an important step toward improving your financial health. Provided you’ve done your research; a debt consolidation loan can save you money and hassle when it comes to your monthly debt repayments. But are debt consolidation loans available to borrowers with bad credit? Let’s find out.  What is […]

Used properly, a debt consolidation loan can be an effective way to take control of your finances, paying off your debts faster and saving money in the process. They’re less complicated than they seem – and in this article, we’ll cover: How debt consolidation loans work, When to use one (and when they should be […]

Personal loans and debt consolidation loans are easy to mix up – this straightforward guide explains all you need to know.

Credit cards can be useful tools: they allow you to make a purchase “on credit”, repaying the balance at a later date. But you may have heard people ask whether it’s a good idea to take out a loan to pay off credit card debt. Why? With a credit card, if you repay your balance […]

Done correctly, a debt consolidation loan is a cost-effective tool you can use to help you pay off your debts faster and more cheaply. Koyo uses Open Banking technology, so that we can base our lending decisions on your real financial situation – rather than what someone else says about you. Find out more at […]

A personal loan is one of the simplest ways to borrow money. It’s also a relatively cheap form of credit, and the best personal loan providers allow you to repay early, so it can be flexible too. But, like any form of credit, it has an impact on your credit score. That doesn’t mean you […]