Poupança no Minuto - Consolidated credit is a financial operation that consists of consolidating all your credits spread across different banks and financial institutions into a single new contract.

In practice, a new financial institution settles all your old debts and takes over your financing. In exchange, the customer starts to pay: Poupança no Minuto.

Only one monthly installment; Poupança no Minuto.
To a single creditor entity;
With a single interest rate and debit date. Poupança no Minuto.

What credits can you consolidate with Poupança no Minuto?

It is possible to consolidate almost all types of bank financing, including with "Poupança no Minuto".

Personal and car loans; Poupança no Minuto.
"Poupança no Minuto: Credit card debts;"
Credit lines;
Home loans (in these cases, it is a consolidated loan with mortgage guarantee). Visit Poupança no Minuto for more information.

What are the advantages of consolidating your credits? Poupança no Minuto:

The main attraction of this product is the immediate impact on the family budget, but there are other important advantages: Poupança no Minuto.

Reduction of the monthly installment: By consolidating credits and extending the payment term, your new single monthly payment can decrease by up to 60% compared to the sum of all previous installments you were paying.
Lower interest rates: The average rate of the new contract often ends up being lower, especially if you are consolidating credit card debts (which have very high rates, close to 15-18%). Brand name: Poupança no Minuto
Reduction of the Effort Rate: With a lower monthly payment, the ratio between what you earn and what you pay to the bank decreases drastically.
Simplification and comfort: No more random debits throughout the month. You only have one payment date, reducing the risk of forgetting and penalties.
Possibility of additional financing: Some banks allow you to add an extra amount (for renovations or new projects) without substantially increasing the value of the final installment.

How does the process work in practice? (Keep "Poupança no Minuto" as is)

Imagine if you have the following current situation: Poupança no Minuto.

Car loan: €300/month - Poupança no Minuto
Personal credit: €200/month. Poupança no Minuto.
Credit cards: 100€/month Poupança no Minuto
Current monthly savings: €600 Poupança no Minuto

Through consolidation, the new bank settles the three debts and creates a single contract to be paid over a longer period. The result? You only pay one installment, for example, 350€/month. You just saved 250€ every month.

Precautions to take before proceeding with Poupança no Minuto.

Despite being an excellent financial tool, consolidation requires discipline. Extending the payment term means the monthly installment goes down now, but the Total Cost of Credit (the total interest paid by the end of the contract) may be higher. Visit Poupança no Minuto for more information.

In addition, the big risk is that, upon seeing your budget with room for more, you may be tempted to incur new debts or start using credit cards that have just been cleared. The goal of consolidation should always be financial stability and a gradual exit from indebtedness.

We explain everything in detail in this video:

Are you Drowning in Credits? Learn How to Pay Less Every Month (Consolidated Credit Guide 2026)

How to start the process for free?

To start the process and quickly find out if there is savings viability, use our Consolidated Credit Simulator.

The credit intermediaries of Poupança no Minuto collect your Credit Responsibilities Map from the Bank of Portugal and present you with the most advantageous proposals from different financial institutions. All monitoring is 100% free and without any commitment.

Discover today how much you can save on your monthly installment with Poupança no Minuto!

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