I have several old consumer loans. Can I combine them into one with one instalment?

Yes, the goal of consolidation is to get rid of several disadvantageous loans, i.e. merge them into one loan with one instalment.

It is even possible the client will repay less and the repayment period will get shorter. Or the clients may use the possibility to get extra money within the Consolidation. For example, if the client is repaying 3 loans to different companies in the total amount of EUR 3,000, they may apply for extra EUR 1,000, which means they will get one new loan in the amount of EUR 4,000. The client will pay EUR 3,000 for the old loans and use the remaining EUR 1,000 for their current needs.