---
title: Debt consolidation
description: Replacing several smaller loans with one large loan. Usually, the new loan has longer pay back period, and its monthly instalment amount is smaller than the total of the monthly instalment amounts of
---

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1. [Funding Info](https://knowledge.finfind.co.za/?hsLang=en)
2. [Dictionary](https://knowledge.finfind.co.za/dictionary?hsLang=en)

# Debt consolidation

Replacing several smaller loans with one large loan. Usually, the new loan has longer pay back period, and its monthly instalment amount is smaller than the total of the monthly instalment amounts of the older (replaced) loans.

- [Understanding funding](https://knowledge.finfind.co.za/understanding-funding?hsLang=en#main-content)

    - [Challenges to accessing finance](https://knowledge.finfind.co.za/understanding-funding?hsLang=en#challenges-to-accessing-finance)
    - [Different funding needs](https://knowledge.finfind.co.za/understanding-funding?hsLang=en#different-funding-needs)
    - [Different types of funders](https://knowledge.finfind.co.za/understanding-funding?hsLang=en#different-types-of-funders)
    - [Different types of funding products](https://knowledge.finfind.co.za/understanding-funding?hsLang=en#different-types-of-funding-products)
    - [Credit scores and reports](https://knowledge.finfind.co.za/understanding-funding?hsLang=en#credit-scores-and-reports)
    - [Learn more](https://knowledge.finfind.co.za/understanding-funding?hsLang=en#learn-more)
- [Funding for startups](https://knowledge.finfind.co.za/funding-for-startups?hsLang=en#main-content)

    - [Angel investors](https://knowledge.finfind.co.za/funding-for-startups?hsLang=en#angel-investors)
    - [Crowdfunding](https://knowledge.finfind.co.za/funding-for-startups?hsLang=en#crowdfunding)
    - [Family and friends](https://knowledge.finfind.co.za/funding-for-startups?hsLang=en#family-and-friends)
    - [Government funding](https://knowledge.finfind.co.za/funding-for-startups?hsLang=en#government-funding)
    - [Incubators and enterprise development programmes](https://knowledge.finfind.co.za/funding-for-startups?hsLang=en#incubators-and-enterprise-development-programmes)
    - [Overdrafts](https://knowledge.finfind.co.za/funding-for-startups?hsLang=en#overdrafts)
    - [Social enterprise funding/impact investing](https://knowledge.finfind.co.za/funding-for-startups?hsLang=en#social-enterprise-funding-impact-investing)
    - [Venture capitalists](https://knowledge.finfind.co.za/funding-for-startups?hsLang=en#venture-capitalists)
- [Dictionary](https://knowledge.finfind.co.za/dictionary?hsLang=en)