Frequently Asked Questions

Debt consolidation is a financial strategy that combines multiple debts into a single loan with better terms. You take a new personal loan to pay off existing debts, resulting in one manageable monthly payment with lower interest rates. This helps reduce your monthly EMI burden and simplifies your financial management.

You can typically save 30-40% on your monthly EMI payments by consolidating multiple loans into one personal loan with better interest rates and extended repayment tenure. The exact savings depend on your current interest rates and the new loan terms.

You can consolidate various types of unsecured loans including personal loans, credit card debt, payday loans, app loans, consumer durable loans, two-wheeler loans, and education loans. Secured loans like home loans and car loans have different consolidation options.

Debt consolidation is right for you if you have multiple high-interest debts, struggle to manage multiple payment dates, or want to reduce your monthly payment burden. It's particularly beneficial if you can get a lower interest rate on the new loan.

We provide loan approval within 24 hours for debt consolidation. Our streamlined process ensures quick disbursal to help you consolidate your multiple EMIs into one payment. The exact timeline depends on document verification and lender processing.

Interest rates for debt consolidation personal loans typically range from 10.99% to 24% p.a., depending on your credit profile, income, and existing debt situation. We work with multiple lenders to find the best rates for your specific situation.

You can get personal loans for debt consolidation ranging from ₹50,000 to ₹1 crore, depending on your income, credit profile, and existing debt obligations. The loan amount is typically determined by your repayment capacity.

You'll need identity proof (Aadhaar, PAN), address proof, income proof (salary slips, bank statements), employment proof, and existing loan statements. We guide you through the documentation process and help gather all required documents.

Yes, we specialize in helping people stuck in multiple EMIs. We provide personal loans to consolidate all your existing EMIs into one manageable payment, reducing your monthly burden by up to 40% and simplifying your financial management.

You can consolidate any number of EMIs from different sources including personal loans, credit cards, app loans, payday loans, and consumer loans. There's no limit on the number of EMIs you can consolidate into one loan.

Initially, there might be a small temporary dip in your credit score due to the new loan application. However, regular payments on your consolidated loan will help improve your credit score over time by reducing credit utilization and ensuring timely payments.

Yes, we specialize in payday loan consolidation. We help you convert high-interest payday loans (60-120% p.a.) into a personal loan with much lower interest rates (10-24% p.a.), saving you up to 60% on interest costs and providing manageable monthly payments.

If you have multiple payday loans, consolidation is the best solution. We help you combine all payday loans into one personal loan with lower interest rates and longer repayment periods, breaking the payday loan debt cycle.

You can save up to 60% on interest costs by consolidating payday loans. For example, if you're paying 100% p.a. on payday loans, you can get a personal loan at 15-20% p.a., significantly reducing your monthly payments and total interest burden.

Yes, we help consolidate various types of loans including consumer durable loans, app loans, credit card debt, personal loans, and payday loans into one manageable personal loan. This includes electronics loans, furniture loans, and other consumer purchases.

Consumer loan consolidation offers several benefits: reduced monthly payments (up to 35% savings), single payment date, lower interest rates, improved credit score, simplified financial management, and reduced stress from managing multiple payments.

We specialize in helping individuals with poor credit scores get loan approval through our network of lenders and expert financial advisory services. We work with multiple lenders to find the best options for your situation, even with weak credit profiles.

The minimum monthly income requirement is typically ₹15,000-₹25,000, depending on the lender and loan amount. We work with lenders who have flexible income requirements to help more people access debt consolidation services.

Yes, our initial consultation is completely free. We provide expert financial advice and loan recommendations without any upfront charges. You only pay if you proceed with a loan through us, and there are no hidden fees.

The entire debt consolidation process typically takes 2-5 business days from application to disbursement. This includes loan approval (24 hours), document verification, and settlement of existing debts. We ensure a quick and smooth process.