Consolidate your debt

Feel optimistic about your financial future

Take control of your borrowing by getting all your debts in one place with a Barclayloan.

Subject to application, financial circumstances and borrowing history.

Personal price quote – with no credit footprint

Apply in Online Banking or the Barclays app – most people apply in less than 10 minutes1

Get quick access to your money if we approve your loan2

0 APR Representative
on loans of

over 2-5 years. (Your rate may differ3)

What is a debt consolidation loan?

A debt consolidation loan lets you to move your debts with other lenders to us, so you can have one, simple monthly repayment. It’s an easy way to keep on top of what you owe.

How do debt consolidation loans work?

  1. Apply in Online Banking or the Barclays app
  2. We’ll let you know our decision
  3. If we approve your application, we’ll pay the money into your account straight away2

You can see what your monthly repayments would be using our calculator.

Take control of your debt with a Barclayloan

Having just one loan could be more straightforward and easier to manage than a number of payments to different lenders.
But it’s worth noting that consolidating debts might involve payment of a higher rate of interest or charges – or both. Consolidating debts might also increase the overall period required for repayment.

 Try our debt consolidation loan calculator

Work out how much you'd like to borrow with our debt consolidation loan calculator. The results are based on the representative APR for the amount you enter. The representative APRs shown are based on all loan applications made by Barclays customers. Your actual rates and repayments might differ and will be based on your personal circumstances, the loan amount and term.

Term in Months

The same every month

Loan required

Based on the details you entered

Representative example

  APR Representative
based on a loan of  
repayable over   months
at an interest rate of
  per annum (fixed) .
Monthly repayment of  .
Total amount payable  .

Representative APR applies to loans of

How to apply

If you have a current account with us, we could tell you your personal loan rate upfront – without affecting your credit score.

Apply for a debt consolidation loan

You can see if you’ve been pre-selected to apply for a loan – this means you can see how much you may be able to borrow, and your personal rate, in a few minutes*. All you need is

A current account or Barclaycard account with us
Online Banking or the Barclays app

* You need to be registered for Online Banking or the Barclays app. Not everyone is pre-selected – if you aren’t, you won’t be able to apply online or in the app. Please get in touch to discuss your options.

Consolidating your debts

Spending on credit can seem like the norm for many people. But when debts mount up with different creditors, it’s easy to feel like you’re not in control of your finances. There are different options you could consider to consolidate your debt.

Need some more help?

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What is a credit rating?

Discover how to improve yours

Learn why your credit rating is important, and how to improve it so you’re more likely to be considered for credit in future.

Managing money problems

Worried about your finances? Our practical advice can help you tackle money troubles, improve your financial habits and find the support you need.


Barclays Money Mentors

Borrowing to pay for those little extras

Home improvements, buying a car or splashing out on something special? Barclays Money Mentors can guide you through the best options for you.

Understanding loan rates

What's an APR?

We explain what APR means – and the difference between representative and personal APR.

Debt consolidation loan questions and answers

What is a secured debt consolidation loan?

A secured debt consolidation loan is consolidating your debts into one loan and securing it against an asset, like your property. This means your home might be repossessed if you don’t keep up with your repayments. You could get a better interest rate if you secure your loan against an asset like your home.

What is an unsecured debt consolidation loan?

An unsecured debt consolidation loan is consolidating your debts into one loan without securing it against any asset. You’ll need a good credit rating to get this.

What are the advantages and disadvantages of debt consolidation?


It could help you manage your debts better, as they’ll all be in the same place, with only one fixed monthly payment. This could help you improve your credit rating. You might be able to lower your monthly payment and how much interest you pay too.


Whether there are any disadvantages depends on whether this is the right option for your circumstances – it’s all down to what suits you.

Can I use a debt consolidation loan to pay off credit card debt?

Yes, you can use a debt consolidation loan to pay off your credit card debt, but it depends how much debt you have on your credit cards. Remember – you’ll still need to pay back what you owe, but you’ll be paying a single rate to us instead of various rates to a number of card providers.

Which is better – balance transfer or debt consolidation?

This is all down to what suits you and your personal circumstances – for some people this means a balance transfer, while others find consolidating their debt easier.

Talk to us about loans

Online or in-app

Check to see if you’re eligible to apply for a loan in Online Banking or your app now.

Please note that we might not have all the information we need to show you a provisional loan limit.

Over the phone

If you have any questions, you can speak to a lending specialist on 0345 734 5345 4

Visit us in branch

We’re on hand if you’d like to discuss your options in person. You can find your nearest branch and opening times here.