The Benefits of Debt Consolidation

While credit is useful for making occasional and everyday purchases at little or no upfront cost, debt can easily spiral out of control. Credit cards, overdrafts, hire purchases, loans and store accounts are invariably subject to high interest rates, requiring people to pay more each month than they may be able to afford - this is where debt consolidation can prove a lifesaver. Debt consolidation is essentially a form of low or medium interest refinancing that is designed to make debts more affordable. Read more [...]