Taking the pressure off repaying debts

Markit’s monthly Household Finance Index recently revealed that, in October 2011, debt levels in the UK had increased for the seventh month in a row – a first in the survey’s two-year history. With increasing numbers of people in the UK taking on more debt, it’s crucial that borrowers can keep on top of their monthly repayments to avoid facing extra charges and damaging their credit rating. When it comes to making repaying your debts that bit easier every month, taking out a debt consolidation loan could be the answer – just as long as your finances are in...