Simplify your everyday budget
No more juggling several monthly payments and several lenders: Lendovia's debt consolidation combines your current loans into a single loan, with just one due date to track each month.
Combine your personal loan, revolving credit and overdraft into one single payment, often lighter than the sum of the others.
1. How much do you need?
2. Over how many months do you want to repay?
No more juggling several monthly payments and several lenders: Lendovia's debt consolidation combines your current loans into a single loan, with just one due date to track each month.
Debt consolidation involves having all your current consumer loans (personal loan, revolving credit, car loan, bank overdraft...) bought out by a new lender, who replaces them with a single loan. You then only have one monthly payment to make, on a single date, to a single point of contact.
The goal is most often to reduce the overall monthly payment, by extending the total repayment term — which can increase the overall cost of the credit, but eases the pressure on the monthly budget. It's a particularly useful solution when several loans pile up and their sum becomes hard to sustain each month.
Before / after
Illustrative example for a household with several consumer loans.
| Situation | Number of monthly payments | Total monthly cost |
|---|---|---|
| Before consolidation | 3 separate loans | ≈ €620 / month |
| After Lendovia consolidation | 1 single payment | ≈ €269 / month* |
*Example given for illustration purposes, for a consolidated amount of €20,000 over 84 months at a fixed APR of 3.5%. Debt consolidation generally extends the total repayment term and can increase the total cost of credit.
How it works
Indicate the number and amount of your current consumer loans to get an initial estimate.
We review your situation and offer you a single monthly payment, tailored to your budget.
Once your application is accepted and signed, we take care of repaying your current lenders directly.
You now repay a single loan, on a single date, to a single point of contact.
To understand it all
A powerful mechanism to breathe more easily financially, provided you understand how it works.
Debt consolidation involves having a new institution buy out all your current loans — personal loan, revolving credit, bank overdraft — to replace them with one single loan. Lendovia settles your old lenders directly; you then only have one payment to track, on a single date, with a single point of contact.
Consolidating your loans almost always reduces your monthly payment, by extending the total repayment term. That's what makes the solution effective for easing a monthly budget that's too tight — but this extension comes at a cost: over a longer term, the total amount of interest paid is generally higher than if you had kept your original loans. It's a genuine trade-off, not a free gain, and Lendovia commits to clearly showing you this figure before any signature.
At the time of consolidation, it's possible to include an additional cash amount beyond simply repaying your existing loans — to finance a new project or build a rainy-day fund. This extra amount is folded into the single monthly payment and the overall APR of the deal.
Lendovia's debt consolidation covers consumer loans: personal loans, revolving credit, car loans, bank overdrafts, or unpaid bills. A mortgage can sometimes be included in a mixed consolidation deal, but this then follows different regulations and isn't offered as part of this product.
As with any consumer loan, you have 14 calendar days after signing the consolidation contract to withdraw, with no justification or penalty. Your old loans are only settled by Lendovia once this period has expired.
By replacing several monthly payments with a single, generally lower one, your debt ratio (the ratio between your credit charges and your income) mechanically decreases. This is often what allows you to cope with an unexpected expense again, or to consider a new project, without exceeding a reasonable debt threshold.
Frequently asked questions
Lendovia's debt consolidation combines your current consumer loans: personal loans, revolving credit, car loans and bank overdrafts. Mortgages are not covered by this offer.
By extending the repayment term to reduce the monthly payment, the total cost of the credit can be higher than if you kept your loans separate. Every simulation displays the total cost before any decision, in full transparency.
Once your consolidation application is accepted and signed, Lendovia directly settles the remaining balance owed to each of your current lenders. You have no steps to take with them.
Yes, a debt consolidation can be taken out by two borrowers, allowing the household's entire loans to be combined under a single monthly payment.
After your application is accepted, allow for the legal 14-day withdrawal period, then a few extra days to settle your former creditors. You're informed at every step from your client area.