Practical Guide 2026 6 min read Published on 08 March 2026

Debt Consolidation: Reduce Your Monthly Payments by up to 60% & Finance a New Project

Flucredit Editorial Team

Credit Expert & Financial Analyst • Updated on 08 March 2026

Debt consolidation is a banking operation that allows you to combine all your outstanding loans (consumer credit, car finance, revolving credit, mortgage balance) into a single loan with a single, reduced monthly payment. Supervised by the Consumer Code, it aims to rebalance your budget, optimise your debt-to-income ratio and, where appropriate, include additional cash to finance a new project.

1. The principle of debt consolidation

Also known as loan consolidation or credit pooling, debt consolidation consists of repaying your existing creditors early (using a new single loan) to retain only one outstanding loan. The primary objective is to significantly reduce the total monthly instalment payable.

Flucredit, as a regulated credit institution, analyses your personal situation to buy out your loans and propose a new repayment schedule that is more sustainable and adapted to your resources.

💡 Objective: Restore your financial flexibility

By extending the repayment term, we reduce your monthly commitments by up to 60%, allowing you to regain sufficient monthly disposable income and consider new projects with peace of mind.

2. Who is debt consolidation for?

This solution is intended for borrowers whose total monthly debt repayments have become too heavy to manage comfortably:

Owners and tenants overwhelmed

Whether you have a mortgage or are a tenant, consolidating your consumer loans can immediately ease your monthly budget.

Households wishing to finance a new project

It is possible to include an additional cash amount in the consolidation (e.g. for works, purchase of a vehicle) without increasing excessively the new single monthly payment.

3. Concrete example of monthly payment reduction

Here is a simulation illustrating the financial benefit of a consolidation with Flucredit for a household with several outstanding loans:

Initial situation	Outstanding loans	Total remaining	Total monthly payments	Weighted APR
Before consolidation	4 loans (car, personal, revolving, works)	€32,500	€890 / month	6.80% avg.
After consolidation Flucredit	1 single loan 72 months	€32,500 (+ cash optional)	€534 / month	4.10% fixed

🎉 Saving achieved: -€356 / month, i.e. -40% on monthly commitments*

4. Key benefits of our consolidation offer

Opting for debt consolidation with Flucredit means choosing security, flexibility and transparency:

🚗 Single monthly payment and simplified management

You have only one direct debit date, one statement, and one dedicated adviser to manage your entire debt.

💳 Significant and immediate reduction in instalments

By renegotiating the rate and extending the term, your disposable income increases from the first month.

📑 Optimised overall cost through negotiation

We redeem your high-interest loans (especially revolving facilities) to replace them with a single loan at a competitive fixed APR.

💶 Possibility to finance a new project

Unlike a simple consolidation, we allow you to integrate the financing of future needs and avoid applying for another separate credit.

5. Eligibility criteria and protective legal framework

As with any credit transaction, debt consolidation is strictly regulated to ensure fully responsible lending:

✓ Mandatory creditworthiness assessment

We check your debt-to-income ratio (maximum 35%), your employment stability and the absence of an FICP record with the Banque de France.

✓ Transparency of costs via APR

You receive a detailed ESIS setting out the new fixed APR, the total cost of the operation and the amount of any early repayment fees charged by your former creditors.

✓ 14-day withdrawal period

You have 14 days from signing to withdraw if the new proposal does not meet your expectations.

Frequently Asked Questions: Debt Consolidation

❓ Can I consolidate my mortgage and consumer loans together?

Yes, it is entirely possible to combine both a mortgage balance and consumer credits into a single mortgage debt consolidation, provided its share exceeds 60% of the total amount consolidated.

❓ Will debt consolidation affect my credit rating?

On the contrary, by reducing your monthly commitments and avoiding repayment incidents, debt consolidation helps improve your banking profile and reduce your apparent debt-to-income ratio.

❓ What fees are charged for a consolidation?

With Flucredit, fees are fully transparent and included in the advertised fixed APR. No upfront fees are ever requested before funds are disbursed, in accordance with regulations.

Simulation with Immediate Response

Group your loans and reduce your monthly payments by up to 60%

Get a free, no-obligation study of your consolidation project and discover your future single monthly payment in less than 3 minutes.

Simulate my consolidation