As anyone with a mortgage knows, debt is a perfectly normal part of life. However, if not managed, the sky-high rates charged on credit cards and some personal loans can create financial stress. If you’re having difficulty with multiple repayments, consider a debt consolidation loan.
Consolidating debt could save you a lot of stress and money
If you have multiple high-interest debts, you may be eligible for a personal loan to repay the money you owe. Where the rate offered on the new loan is lower than that of your other debts, you’ll save through lower repayments. It may also be possible to use equity in your property to absorb debts into your mortgage, reducing the interest rate even further.
Ready to shake off some debt? I’d love to help.