Debt consolidation · Spain
Many debts, one single payment.
We combine your loans, cards and credit into one single lower monthly payment. We study your case for free comparing 30+ lenders and you get your peace of mind back every month.
Consolidation · at a glance
- 1single monthly payment instead of several
- 30+lenders we compare for you
- €0cost until you sign the operation
- 24hfor a first answer
Free, no-obligation study.
What is debt consolidation?
It's grouping several loans, cards and other debts into a single operation with one monthly payment, usually lower.
When you have several debts at once — the car finance, a personal loan, several revolving cards — the sum of payments can choke your finances every month. Debt consolidation joins them into a single loan, usually over a longer term and at a better rate than cards, so you pay one more affordable monthly instalment. The goal is not to borrow more, but to reorganise what you already owe to get some breathing room.
How it works, with an example
Indicative case of how your month changes when consolidating several debts into one payment:
Before
After
*Illustrative example, not an offer. The final payment depends on your total debt, the term, the interest rate and the lender. Extending the term may mean paying more total interest; that's why we calculate it with you before deciding.
Benefits of consolidating your debts
- One single lower monthly payment instead of several bills.
- More liquidity each month for your day-to-day.
- A single point of contact and one payment date: less stress.
- The chance to improve the interest rate compared with cards.
- You avoid missed payments and surcharges from forgetting an instalment.
What you should keep in mind
We're transparent: consolidation is a useful tool, but it isn't always the best option for everyone. Before signing, it's worth considering:
- By extending the term, the payment goes down but you may pay more interest over time.
- Some operations have costs (appraisal, notary, fees) that must be added.
- If the operation uses your home as security, the commitment grows: do it sensibly.
At MG Credit we tell you straight: if consolidating isn't worth it for you, we'll say so. Our goal is for you to make the best decision, not to sell you a product.
How we help
4 steps.
Zero
surprises.
We analyse your debts and negotiate for you until you have one comfortable payment.
First call
You tell us what debts you have and how much you pay monthly. No obligation.
Analysis of your case
We calculate your current payment and whether consolidating really pays off.
We negotiate 30+ lenders
We look for the best payment and conditions for your new operation.
Sign & close
We coordinate the signing. Our fee only if you sign.
Frequently asked questions
Consolidation: common questions.
It's grouping several loans, cards and other debts into a single operation with one monthly payment, usually lower because the term is extended and the rate improved. The goal is to gain repayment capacity and peace of mind each month.
By combining all debts into a single loan, usually over a longer term and at a better rate than cards or consumer credit, the sum of payments goes down. You pay one more affordable monthly instalment.
Yes, it's worth being clear: extending the term can mean paying more total interest over time, and some operations have associated costs. That's why we study your case with numbers and only recommend it if it really pays off.
In many cases yes. We work with complex profiles and different lenders. We study your situation with no obligation and tell you honestly what real options you have.
The study is free and with no obligation. We only charge a fee if you finally sign the operation we negotiated for you.
Free study
Put all your debts into one payment.
Tell us how much you pay each month and within 24h we'll tell you whether we can lower your payment. Free and with no obligation.