Borrowing money, costs money

Pay off debts by borrowing money

Pay off debts by borrowing money . That sounds like closing one gap with another. Yet it is less remarkable than it may seem at first glance. It can be a good way to lower the monthly interest costs. But stay critical! Investigate whether and how the monthly costs can be reduced.

Pay off debts by borrowing money

Be well informed before you borrow money to pay off debts. Borrowing money for debt repayment requires the knowledge of a specialist. You cannot pay off all debts by borrowing money. Debts that you can pay off by borrowing money are loans in the form of a Personal Loan or a Revolving Credit. Payment arrears or other forms of debts with the tax authorities, health insurance company, housing cooperative or other authorities cannot be resolved with consumer credit. You cannot apply for a loan with a negative BKR code either.

We are happy to tell you more about the options that suit your personal situation .
Request a quote .

Also see " When can I not apply for a loan? "

When to borrow money to pay off debt

A good reason to borrow money to pay off your existing debts is the lower monthly costs of your new loan. This means you spend less money per month and you may also prevent your debts from rising further.

Take into account:

  • a monthly charge to be paid
  • a short term

Be realistic about what you can miss each month. You can always make extra repayments without penalty for both a Personal Loan and a Revolving Credit.

Borrowing advice on how to pay off debts

Lenders are often critical of lending money to pay off debts. Make use of the knowledge and expertise of our credit specialists.

Be well informed before you start borrowing money to pay off debts. Borrowing money for debt repayment requires the knowledge of a specialist. Request a quote and we will tell you more about the options that suit your personal situation .

Personal loan

  • Borrow a fixed amount once
  • Fixed interest and term
  • Fixed monthly costs
  • Extra repayments without penalty

With a Personal Loan you know exactly where you stand during the term.

Revolving credit

  • Repay and withdraw in the meantime
  • Only interest on amount withdrawn
  • Extra repayments without penalty

Do you think you can make extra repayments during the term? Then financing the debt with a Revolving Credit is a good solution.

Our interest rates

Select the product form for which you want to view the current interest rates.

What do customers say about our services?

735 Customers rate abdallahka.com with a 9.6 on Trustpilot

Trustpilot rating

Everything arranged quickly within two days so that we are cheaper.

Caroline 7 days ago
Trustpilot rating

Everything arranged super fast. Application made on Monday afternoon, had to send in a few more documents on Tuesday and the money was in the account on Wednesday. Absolutely great!

Mr. M. van der Meer 7 days ago
Apply for your loan online now!

Benefit now from the lowest interest ever.
From 3.5% fixed interest at abdallahka.com

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