Skip to main content
  • Home
  • Money Focus
  • Money Box
Connect with us
Call us 0345 521 5552
Boom Community Bank Logo
Call us 0345 521 5552
  • Loans

    No fees, just fair rates.

    Apply online in minutes for a quick answer and personalised quote.

    About Loans Debt Consolidation Loan Family Loan Access Loan Choice Loan Advantage Loan Loan Selector NILS Options Christmas Loan
  • Savings

    Keep your money safe and local.

    Secure savings with a friendly and local service.

    About Savings Savings Account Junior Savings Account Corporate Savings Payroll Savings
  • Help Centre
  • About

    Local money, local impact.

    We set out to create a happier, healthier, and more prosperous community where everyone can thrive.

    About Us Online Banking Mobile App Social Impact News & Blogs
  • Apply now
  • Login
Connect with us
  • Home
  • Money Focus
  • Money Box
  • Home
  • About
  • News & Blogs
  • How a Boom Consolidation Loan Can Offer You Breathing Space
How a Boom Consolidation Loan Can Offer You Breathing Space

01 June 2025

How a Boom Consolidation Loan Can Offer You Breathing Space

When you're juggling multiple debts — a credit card here, a buy-now-pay-later there, maybe an overdraft too — it’s easy to feel overwhelmed. The due dates, the interest rates, the missed payments… it can become a stressful cycle. But it doesn’t have to stay that way.

At Boom Community Bank, we offer debt consolidation loans that combine what you owe into one manageable monthly payment. It’s not just about simplifying your finances — it’s about giving you a clear path forward.

Why Consolidation Can Make a Big Difference

If you’ve listened to Joe’s story on BBC Radio 4’s Money Box, you’ll know he found himself in a situation many people will recognise. A few credit cards, a loan from a high-cost lender, and a rising sense of anxiety each time a bill came through. But once he combined his debts into one affordable repayment, everything changed — he could see light at the end of the tunnel.

That’s the power of consolidation:
✅ One monthly repayment
✅ Clarity on when you’ll be debt-free
✅ Potential savings on interest
✅ Less stress, more control

No Jargon. No Judgment.

At Boom, we’re not here to confuse or criticise — we’re here to help. Our team will take the time to understand your situation and let you know whether a consolidation loan is the right option for you.

If it is, we’ll work with you to:

  • Bring your debts together

  • Set up a clear repayment plan

  • Support you throughout the process

All our loans are fair, ethical, and regulated — and they’re designed with real people in mind, not profit margins.

Community Banking That Puts People First

When you borrow or save with Boom, you're part of something bigger. We’re a not-for-profit community bank, owned by our members and focused on supporting local families — not shareholders. That means the interest we earn goes back into helping more people access affordable, responsible credit.

Could a Consolidation Loan Help You?

If you’re feeling weighed down by multiple debts, we’re here to listen — and to help you explore your options.

💬 Chat to our team to see if this is right for you.

You can call, message, or visit us online to get started.


Let’s work together to make your money more manageable.

Back to News Share Buttons
How a Boom Consolidation Loan Can Offer You Breathing Space

Related Articles

The Boom Difference: Why Borrowing with Boom Community Bank Feels Different
15 Oct 2025

The Boom Difference: Why Borrowing with Boom Community Bank Feels Different

At Boom Community Bank, borrowing feels different. Our loans are d...

Read More
🎓 Help with School Costs: A Guide for Parents in England
10 Sep 2025

🎓 Help with School Costs: A Guide for Parents in England

This blog post provides a clear guide for parents in England on th...

Read More
The Dangers of Payday Loans - And Why Community Banking is Different
02 Sep 2025

The Dangers of Payday Loans - And Why Community Banking is Different

The Dangers of Payday Loans — And Why Community Banking Is Differe...

Read More
Where Have All the Cash Machines Gone?
16 Aug 2025

Where Have All the Cash Machines Gone?

Communities in Surrey, Hampshire and West Sussex are losing cash m...

Read More
Find Your Credit Union: A Smarter Way to Borrow and Save
20 Jul 2025

Find Your Credit Union: A Smarter Way to Borrow and Save

Looking for affordable credit or a smarter way to manage debt? Cre...

Read More
Back to news

Unlock the exclusive benefits available to you by becoming a member today and join our credit union community supporting all our members.

Products and Services

  • About Loans
  • About Savings
  • About My Money Box
  • Access Online Banking

Support

  • Help Centre
  • Frequently Asked Questions
  • Contact Us
  • Complaints Policy
  • Financial Guidance

Important Information

  • About Boom Community Bank
  • Privacy Notice
  • About the FSCS
  • CRAIN Statement
  • Financial Services Register

Download our mobile app

Boom Community Bank and Boom Credit Union are trading names of West Sussex and Surrey Credit Union Limited. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (FRN 475226). Registered Address: Office 5, 15 Grafton Road, Worthing, West Sussex, BN11 1QP

  • Help
  • T&C
  • Cookie Notice
  • Privacy Notice
Cookie Notice