Glossary
Welcome to our glossary section.
If you're looking for the definition of a particular finance term or phrase, you can look it up here in our loans glossary. If the term or phrase you're looking for isn't listed, please let us know and we'll make sure it gets included.
Debt Loan
A debt loan is a specialist product used by consumers who wish to control a number of credit commitments. Debt loans allow the consumer to reduce their monthly outgoings, providing that the repayment of the loan is less than the sum of their credit commitments.
