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HSBC

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  • A transparent service
  • Low interest rates
  • Become debt-free

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Author HSBC. Screenshot of HSBC website. [Accessed March 22, 2020]

About HSBC

HSBC offers a scope of financial solutions for people which incorporates financial planning, support, budgeting, liquidation and debt consolidations loans.

HSBC is the biggest banking and financial services provider for people and organizations in the UK. HSBC offers unsecured short term loans, home loans, auto finance and debt consolidation loans in addition to other great services and products.

Welcome to HSBC

Here at HSBC, we look for ways to help people that are over-indebted find a way out. We offer debt consolidation loans to people from a range of different backgrounds, differing financial situations and incomes. Our aim is to help you find your way out of a bad debt solution and begin turning your debt into savings and investments. HSBC is the largest provider of debt consolidation loans in the UK.

What are debt consolidation loans and what are the benefits?

A debt consolidation loan works to combine your unsecured debts into one single credit. It can be a superior approach to deal with your debts, particularly if you're struggling to manage the various debts and are paying excessive interest. What you will end up with is one bigger loan that will preferably carry a significantly lower interest than all of your other debs combined.

HSBC Services

We offer a wide array of services including; personal loan, debt consolidation loans, auto loans, home loans, graduate loans, current account and many more!

The HSBC Personal Loan offers a simple approach for you to pay off your credit cards and other unsecured credits. Offering low, competitive rates and no yearly fees, our short term loans permit members to obtain consolidation of their loans into one easy to-oversee loan.

Consolidate today and save

A debt consolidation loan from HSBC furnishes you with the cash to pay off your expensive debts through "consolidation" which means you can unite them into one major loan. This makes it easier to manage debt and will help you save in interest and, possibly lower your monthly instalment.

Debt consolidation loan interest rates

HSBC offers the best interest rates for debt consolidation loans. Numerous factors can help you improve the interest rate you're offered, including your credit score, your total assets, whether you're an existing customer and whether you can offer collateral for the loan. Contact HSBC today, our fast, straightforward methodology will guarantee your consolidation loan is prepared quicker than your debt can trouble you!

HSBC Product Details

  • Loan Type Debt consolidation

Benefits of HSBC

  • Fees charged are transparent
  • Interest rates are low
  • One affordable monthly payment

Get a debt consolidation loan from HSBC, simply apply online

HSBC offers debt consolidation loans that can be used to combine several smaller, unsecured debts into one easy to manage and more affordable loan.

To get an idea of just how much more affordable our loans are than most other online and traditional lenders, simply visit our website and enter your desired loan amount and loan term. Although we do not have a specific consolidation loan product our very affordable personal loans can conveniently function as such. A consolidation loan may be more manageable than several separate smaller debts however, it may not necessarily be cheaper and you must take all factors into account before deciding if this is the right option for you.

Is debt consolidation the right choice?

  • you have a terrible credit record
  • you have a past filled with late repayments
  • you have been bankrupt in the previous 10 years
  • you are struggling to manage your debts
  • you have more than 4 unsecured debts
  • you're paying excessive interests on your unsecured debts 

Get a Loan from HSBC

We offer quick loans of between £1,000 and £25,000 at a fixed interest rate over a loan term of between 12 and 60 months. If you're looking for a loan of between £7,000 and £15,000 you could walk away with an Annual Percentage Rate of as low as 3.3%, which is guaranteed to be lower than any rate you’ll get from other loan providers. You also have the convenient option of taking a repayment holiday, should you qualify for it and, the option of repaying your loan early without being charged early repayment fees. Another great feature of our loan solutions is that they are unsecured; so you don’t have to own a home to get one!

Benefits of getting a debt consolidation loan

  • You just have one regularly scheduled instalment to stress over
  • You can consolidate at a lower interest rate which saves you cash
  • Your debt will be paid off in a set measure of time (normally 2 -5 years)
  • Any fees charged for this service are normally low
  • Interest rates are low

Do you qualify for a loan with HSBC?

To be eligible for a debt consolidation loan with HSBC you must be over the age of 18, have an annual income of £10,000 or more, be a UK resident and have a bank account that supports direct debits. We will also request your permission to run a credit check which will help us determine if you can afford the loan and require proof of income if you're a new customer. You can thereafter complete the entire loan application process online and you’ll get a decision immediately, provided that we do not require any additional details from you. If you are a new customer, we will get back to you within 5 working days.

Customer Reviews & Testimonials

October 2019

They have helped me to understand my debt and have full control over my finances and I couldn’t be happier with the outcome.

Jerry B
— Essex —

November 2019

They are an outstanding company that put you first when it comes to your debt they do not look down on you but offer you the comforting words and service that you need.

Claire T
— Surrey —

HSBC Contact Details

Physical Address

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:30 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed