---
title: "Debt Consolidation Loans South Africa | Finmart"
description: "Compare debt consolidation loans from NCR-registered lenders. How consolidation works, a worked cost example, when it saves money and how it differs from debt review."
canonical_url: "https://finmart.co.za/loans/consolidation-loans/"
language: en-ZA
type: category
date_published: 2026-09-16
date_modified: 2026-09-16
---

# Debt consolidation loans compared

Replace several instalments with one. Compare offers and check whether consolidating really lowers your total cost, not only your monthly payment.

## Loans

Total offers: 5 · Live data — as of 22.09.2026

| # | Offer | Organization | Overall rating | Loan amount | Loan term | Interest rate | Apply |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | Dengoo |  |  | R500 – R350,000 | 1 – 365 days | 3.65% – 58.4% p.a. | [Get it](https://track.finmatcher.com/click?offer_id=897&pid=8370&sub2=ai_agent_md&sub7=loans_consolidation-loans) |
| 2 | Arcadia Finance |  |  | R100 – R350,000 | 3 – 72 months | Up to 28% APR | [Get it](https://finmart.co.za/reg/?offer-id=758&offer-type=fast_loan&utm_source=ai_agent_md) |
| 3 | Creditum |  |  | R500 – R350,000 | 6 – 72 months | 11% – 28% p.a. | [Get it](https://finmart.co.za/reg/?offer-id=764&offer-type=fast_loan&utm_source=ai_agent_md) |
| 4 | FatCat Loans |  |  | R1,000 – R350,000 | Up to 72 months |  | [Get it](https://finmart.co.za/reg/?offer-id=767&offer-type=fast_loan&utm_source=ai_agent_md) |
| 5 | MyLoan |  |  | R500 – R500,000 | 6 – 72 months | 11% – 28% p.a. | [Get it](https://finmart.co.za/reg/?offer-id=772&offer-type=fast_loan&utm_source=ai_agent_md) |

## Frequently asked questions about consolidation loans

### Will a consolidation loan improve my credit score?

It can, over time, if you repay the new loan on time and do not open new accounts. Right after consolidation, the new enquiry and the new account may lower your score slightly.

### Can I consolidate my debt if I am blacklisted?

South Africa has no single blacklist, but negative listings and judgments make approval much harder. If you are behind on several accounts, debt review is usually more realistic than a new loan.

### Does a longer term always save money?

No. A longer term lowers the monthly instalment but increases the interest and the number of service fees you pay. Compare the total amount repayable before you decide.

### Can I consolidate short-term loans?

Yes, a personal loan can settle short-term loans. Because short-term credit is expensive, this can save money if you qualify for a personal loan rate well below 5% per month.

### Can I get a consolidation loan while under debt review?

Generally no. Registered lenders do not grant new credit while a debt review flag is on your record.

## Other categories

- [Loans](https://finmart.co.za/loans/)
- [Personal loans](https://finmart.co.za/loans/personal-loans/)
- [Short-term loans](https://finmart.co.za/loans/short-term-loans/)
- [Payday loans](https://finmart.co.za/loans/payday-loans/)
- [Quick loans](https://finmart.co.za/loans/quick-loans/)
- [Cash loans](https://finmart.co.za/loans/cash-loans/)
- [Online loans](https://finmart.co.za/loans/online-loans/)