Paying off several loans at once? Nova Finance Corp's debt consolidation combines them into a single loan — one payment and a fixed rate of 3% per year, often lower than what you're paying today.
Debt consolidation (or refinancing) pays off one or more outstanding loans (personal loan, car loan, mortgage, credit cards) and replaces them with a single loan — one payment, one due date, and an interest rate fixed for the whole term.
Example: you're currently paying three loans with a combined outstanding balance of €60,000. Over a new term of 120 months at a fixed rate of 3%, that becomes a single monthly payment of around €579 — often lower than the sum of your current payments.
At least two outstanding loans to consolidate.
Repayment schedules or settlement figures for your outstanding loans.
Regular income that covers the new payment.
No ongoing insolvency proceedings.
Just one payment to keep track of — much easier to manage.
A lower payment thanks to a longer term.
Nova Finance Corp takes care of paying off your previous loans.
The option to add extra funds into the financing.
Gather the outstanding balance of your current loans.
Adjust the total amount and term in the loan calculator.
An advisor reviews your situation and prepares a full simulation.
Nova Finance Corp pays off your previous loans; from then on you pay just one instalment.
Consolidate all your outstanding loans, not just the most expensive ones — otherwise your budget stays complicated.
Compare the total interest cost of the new, longer term against that of your current loans.
Use the lower payment as an opportunity to rebuild a financial cushion.
Personal loans, car loans, credit cards and, depending on the case, mortgages can all be combined into a single financing package.
A longer term lowers the payment but can increase the total interest cost: your advisor will show you a full simulation before you sign.
Once the new loan is disbursed, Nova Finance Corp pays off your outstanding loans directly with your current creditors.
Yes, within the approved total amount, an extra cash sum can be added to the financing.
On the contrary: a single payment made on time is usually a positive factor, since it reduces the risk of missed payments.
No, you decide together with your advisor which loans to consolidate and which to leave as they are.
After approval and signing, Nova Finance Corp handles the payoff, usually within a few business days.
Yes, a further consolidation is possible in principle; an advisor will review your current situation again at that point.
Three steps, less than 5 minutes. An advisor will review your case and respond within 24h.