Loanpey – Instant loans for bills, rent, school fees, appliances & more. Easy application, fast approval, flexible repayment. Trusted financial help when you need it most!

Loanpey – Instant loans for bills, rent, school fees, appliances & more. Easy application, fast approval, flexible repayment. Trusted financial help when you need it most!

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Loan To Clear Bills

What is Loan To Clear Bills?

Apply for Personal Loan for Debt Consolidation

LoanPey offers a quick and easy debt consolidation loan - a practical solution that allows you to reduce your financial burden. When you are looking to simplify your finances, a personal loan is all you need to live a debt-free life. Combining several debts into one single loan was never this convenient! No longer will you have to deal with the headache of managing various EMIs.

At LoanPey, we provide you with expert assistance every step of the way, right from application to its disbursal. We assure you of a smooth loan experience as you make a smart move by merging your debts into one loan.

Usually, offering a personal loan for debt consolidation allows a borrower to save on the overall interest. Benefit from a single monthly payment by paying off multiple debts, and you can look forward to a clear path leading to financial freedom. With instant loan approval, less paperwork, and flexible repayment tenure, a debt consolidation loan is what you need. Reduce the hassle of multiple due dates to manage!

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Feature & Benefits

Features and Benefits of a Loan to Clear Bills

If you have been dealing with several payments like credit card bills, seeking a loan for credit card payment will help you seek much-needed relief from financial pressure. This loan allows you to settle the loan in the best possible way. Take control of your monthly expenses and make your budget easy to handle by availing of an instant personal loan facility. Combining your numerous loans and credit card outstanding payments in a single loan makes you enjoy the best features and benefits offered by LoanPey.

Simplified Payment

Tired of handling many payments at the same time? Apply for a debt consolidation loan online quickly and replace several monthly payments with one, single payment.

Collateral Free

Unlike other lending options, you do not have to worry about pledging collateral or anything to borrow a personal loan to consolidate your debts.

Quick Approval

A debt consolidation loan is usually approved in as little as 2 hours. Since no tangible documents or security is needed, we offer a fast loan approval process.

Lower Interest Rates

At LoanPey, we offer a debt consolidation loan with an attractive interest rate. Save money over the long term compared to credit card debts with a higher interest rate.

Minimal Documentation

A personal loan for debt consolidation does not require documentation, being the loan application process simple and quick. However, you must have basic documents.

Improved Credit Score

Repaying your consolidated loan on time can favorably impact your credit score. It makes it easier for you to apply for loans and credit cards in the future.

Process

Steps to Apply For Loan Credit Card Payment

01

Apply Online

Apply online with the amount you require.

02

Submit Documents

Submit the documents necessary for further action.

03

Get Approved

Get the loan application verified and approved in a few hours.

04

Receive Funds

Receive the loan amount within 2 hours.

Eligibility

Eligibility Criteria for Debt Consolidation

1. Age Between 21 and 60 years.
2. Nationality An Indian resident.
3. Monthly Income At least a monthly income of INR 30,000/-
4. Employment Must be employed with an MNC, or a private or public firm.
5. CIBIL Score Get a loan for credit card payment with a CIBIL score of 750 and above.
6. Work Experience Having at least 1 year of job experience and no less than 1 month of stable employment at the current job.

200 +

Happy Customers

1000 +

Loan Approved

Why Choose Us

Why Choose Loanpey For Credit Card Payment

At LoanPey, we help you pay off your dues without any difficulty. With a secure and seamless process, you make bill payments instantly and look forward to walking on the path of financial freedom. We maintain transparency every step of the way so you don’t have to pay any hidden charges or deal with complicated steps. Stay in control of your finances using our debt consolidation loan facility. From tracking payments to excellent support, we have you covered. We also help you improve your credit score and avoid late fees.

  • It just takes a few clicks to make a credit card payment.
  • A safe and simplified platform to secure your payment details.
  • Track every payment you make anytime from your smartphone.
  • No hidden charges.
EMI Calulator

Personal Loan for Debt Consolidation EMI Calculator

Manage your finances sensibly with a clear and thorough understanding of the repayment schedule. Use our debt consolidation loan calculator to easily calculate the amount of the EMI you need to pay every month. After calculating the monthly installment, it will help you know the total cost of the loan over the chosen tenure.

If managing multiple debts feels overwhelming, consolidating them into a single loan can help you regain control of your finances. An EMI calculator for debt consolidation simplifies the process by allowing you to quickly calculate monthly EMIs—just enter your loan amount, interest rate, and preferred tenure. It also lets you compare various repayment options, helping you choose a plan that fits your budget and ensures a manageable monthly outflow.

Debt consolidation offers several key benefits, such as lowering your overall financial burden, potentially securing a more attractive interest rate, and improving your CIBIL score by streamlining payments into one. Instead of juggling multiple due dates and lenders, you make a single, predictable payment each month. Take charge of your financial health with our instant debt consolidation loan and use our EMI calculator to take the first step toward a debt-free journey.

Interest Rate

Debt Consolidation Loan Interest Rate

Loan Interest Rate

2% to 2.72% monthly

Loan Amount Offered

INR 5,000 to 1 Lakh

Loan Processing Fee

2% of the loan amount

Loan Tenure

90 days to 12 months

APR

Personal Loan for Debt Consolidation APR Calculator

Loan Amount

50,000
₹ 10,000 ₹ 2,00,000

Tenure (Days)

30 Days
7 days 365 days

Rate of Interest (Daily %)

1%
0.1% 5%

Processing Fees

10 %
1% 20%

Interest Amount

15,000.00

Processing Fees

5,000.00

Total Repayment

70,000.00

APR

58.39 %
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FAQs

Frequently Asked Questions

A personal loan for debt consolidation is an unsecured loan used to settle multiple existing debts or outstanding credit card bills. This loan does not require collateral; however, it can be used for combining several debts into one, single payment.

LoanPey offers a debt consolidation range from ₹5,000 to ₹1 Lakh.

Not at all! LoanPey does not require you to provide any assets to be used as collateral.

LoanPey’s loan for debt consolidation is offered at a reduced interest rate that starts at 2% monthly.

An Aadhaar card, driving license, PAN card, passport, Voter ID, salary slips for the last three months, and more.

Goodskill Securities And Services Ltd | CIN - U74899DL1990PLC040437

Important*- As a registered NBFC with the Reserve Bank of India and following all the guidelines of the regulatory authorities, Loanpey provides loans to all eligible customers, where we accomplish our lending services through our website and CRM. Apart from this, we would like to inform our customers and the general public that we don’t have any app on android or appstore, and we are not disbursing through any mobile app. Therefore, please beware of any lending application that is copying our name and disbursing loans in our name through mobile apps, and please inform us in such circumstances where someone is trying to cheat through the unauthorized loan app by copying our name and logo.