Consolidation of debt

If you have taken out consumer credit from several financial institutions, you can now combine all of your loans into one with Nordea’s debt consolidation loan. This can save you money, as you only pay interest and costs on a single loan. Our debt consolidation loans are available to all Nordea customers.

Consolidation of debt pays off

Whether you have consumer credit, hire purchase or credit card debt, our debt consolidation loan helps you get rid of multiple loans. Combining your loans allows you to save on loan servicing costs.

  • Your repayment costs are often lower if you repay one larger loan instead of several smaller loans.
  • Your total loan costs may be significantly lower.
  • You don’t have to pay account management fees for each loan separately.
  • Staying on top of your finances is easier when you only have one loan, due date and interest rate to keep track of.
  • Tip: Put the money you save from debt consolidation into regular monthly saving!

I want to consolidate my debts!

Fill in the loan application and we will contact you about debt consolidation.

Fill in loan application Opens new window

Consolidation of debt – how, why and for whom?

See our FAQ page for more information about debt consolidation.

Debt consolidation - FAQ

Choose us for all your banking needs

With our new debt consolidation service, we want to offer our customers an opportunity to move all their loans into one bank to get a better overview of their finances and save money.

Combine your loans and get a better overview of your finances

Managing one loan is not only cheaper but also easier. With all of your debt in one place, you only have one due date and loan to keep track of. And you can do this easily through Nordea’s mobile services.

Save money by consolidating your consumer credit debts

Having a single loan instead of multiple smaller loans reduces your costs. And you can start putting the money you save aside for regular monthly savings, for example!

I want to consolidate my debts!

Fill in the loan application and we will contact you about debt consolidation.

Fill in loan application Opens new window