Consolidation Loan

Loan

Combine all your loans, pay one instalment and get additional funds thanks to our convenient Consolidation Loan. You can consolidate many kinds of debt like credit card and overdraft debt, cash and car loans.

  • Lowest Instalment Guarantee*
  • 0% fee on the consolidate amount (RRSO 17,12%)
  • Time saving – you pay just one low instalment

*If within 30 days after signing the loan agreement you find a cheaper offer with the same amount and tenor – we shall reduce your interest rate and will refund the difference on the interest already paid to us.

Information about the loan cost

How to borrow

  • Over the phone

    1. 1

      Prepare account numbers

      We will transfer funds to cover your existing debts

    2. 2

      Contact us

      call Prestige Line
      801 12 7000

    3. 3

      We quickly transfer funds

      Within 1 day from signing the agreement


  • At a branch

    1. 1

      Prepare the document

      Select a document confirming your revenue from the list

    2. 2

      Visit any Bank Millennium branch

      Here you will check the branches closest to you

    3. 3

      We quickly transfer funds

      Within 1 day from signing the agreement


Insurance

Safe Loan

Attractive insurance Safe Loan will ensure comprehensive support for you and your family in numerous unexpected circumstances, such as:

  • total incapacity to work or disability as a result of an accident,
  • temporary incapacity to work or disability as a result of an accident,
  • loss of work or hospitalization as a result of an accident,
  • serious illness,
  • death.
  • See more details on the insurance here

    What is important, you do not have to choose the risks. Insurance package offers coverage in all the above events and changes automatically depending on your professional situation and current pension/disability pension entitlement.

    Should any of the above unexpected circumstances occur, the Insurer will pay for you:

    • up to 12 instalments if you lose work or up to 6 instalments if you are taken to hospital as a result of accident,
    • even 36 instalments if you are temporarily unfit for work or 25% of the outstanding loan amount in case of death due to accident,
    • the entire outstanding amount of the loan if you are fully unfit for work or 25% of the outstanding loan amount in case of disability as a result of accident,
    • the entire outstanding amount of the loan in case of falling ill with one of serious diseases or in case of death.

    Find out more about the insurance


Useful info

See what you need to take a loan

Do you want to take a Consolidation Loan? Select a document according to your source of income.

  • Employment agreement / Contract of mandate / Author’s contract

    In order to take a Consolidation Loan, you need to attach one of these documents:


  • Business activity

    To use the consolidation loan, attach one of the following documents:

    • annual tax return and declaration from the Tax Office/ZUS/KRUS
    • revenue and expense ledger

  • Old-age pension

    To use the consolidation loan, attach one of the following documents:

    • bank account statement confirming payment of the pension for the last month
    • the last old-age pension slip
    • the last decision on old-age pension indexation
    • decision on awarding the old-age pension

  • Disability pension

    To use the consolidation loan, attach one of the following documents:

    • bank account statemen
    • bank account statement confirming payment of the pension for the last month
    • the last disability pension slip
    • the last decision on disability pension indexation
    • decision on awarding the disability pension

  • Pre-pension benefit

    To use the consolidation loan, attach one of the following documents:

    • bank account statement confirming payment of the benefit for the last month
    • the last benefit slip
    • the last decision of the Labour Office/ZUS on benefit indexation
    • decision of the Labour Office/ZUS on awarding the benefit

  • Sailor contract

    To use the consolidation loan, attach one of the following documents:

    • contracts concluded with ship owners for a period of 12 months with confirmation of salary transfers
    • certificate from the Tax Office

Show all documents

Any questions or doubts? Contact us

Fill in the form.
We will call you back!

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If you prefer…
Call us!

801 12 7000

landlines and mobile phones

Additional information

Information about the loan cost

Prior to granting the loan, the Bank shall evaluate the Applicant’s credit capacity and creditworthiness on a case-by-case basis; in justified situations the Bank may refuse to grant the loan. For detailed information about the loan see our Cash loan regulations/Regulamin kredytów i pożyczek udzielanych Klientom indywidualnym przez Bank Millennium S.A. and Cash Loan Price List/Cennik Pożyczki Gotówkowej, and Lowest Interest Rate Guarantee Regulations/Regulamin oferty Gwarancja Najniższego Oprocentowania - in the Bank’s Branches and at www.bankmillennium.pl. website. For the detailed principles of insurance coverage under Bezpieczna Pożyczka insurance from Towarzystwo Ubezpieczeń Europa S.A. and Towarzystwo Ubezpieczeń na Życie Europa S.A. see Terms & Conditions of Bezpieczna Pożyczka insurance and Product Card/Karta Produktu.

Consolidation loan representative example: Annual Percentage Rate (APR) is 17,12%, total loan amount (net of credit-financed costs): 23 660,15 PLN; total amount due: 37 693,49 PLN; fixed interest rate 7,51%; total cost of the loan: 14 033,34 PLN (including: commission 2,99% (707,44 PLN); interest 7 770,09 PLN; insurance 5 555,81 PLN; additional services 0 PLN), 76 equal monthly instalments of 495,97 PLN. The calculation was made as of 01.09.2016 on a representative example. Prior to granting the loan the Bank shall evaluate the Applicant’s credit capacity and creditworthiness on a case-by-case basis; in justified situations the Bank may refuse to grant the loan.