Do I have to be a home owner to apply for a debt consolidation loan?

No, at Shawbrook you do not have to be a home owner to apply for a debt consolidation loan, but we have some basic criteria which you’ll have to satisfy before we can consider your application. You must:

  • Be aged 25 to 75
  • Have been a UK resident for at least three years
  • Have an annual income of at least £15,000
  • Have a personal bank account in the UK