Money Problems?


You're not alone. Many people face a financial crisis some time in their lives. Whether the crisis is caused by personal or family illness, the loss of a job, or overspending, it can seem overwhelming.But often, it can be overcome. Your financial situation doesn't have to go from bad to worse.

Have you considered preparing a budget?

The first step toward taking control of your financial situation, is to do a realistic assessment of how much money you earn and how much money you spend. Start by listing your income from all sources. Then, list your "fixed" expenses - those that are the same each month - like mortgage payments or rent, car payments, and insurance premiums. Next, list the expenses that vary - like entertainment, recreation, and clothing. Writing down all your expenses, even those that seem insignificant, is a helpful way to track your spending patterns, identify necessary expenses, and prioritize the rest. The goal is to make sure you can make ends meet on the basics: housing, food, health care, insurance, and education. Your public library and bookstores have information about budgeting and money management techniques. In addition, computer software programs can be useful tools for developing and maintaining a budget, balancing your cheque book, and creating plans to save money and pay down your debt.

If your objective is to reduce interest rates and lower your monthly payments, avoid bankruptcy, consolidate your bills and have one monthly payment, or simply get out of debt the fastest way possible, then a debt consolidation loan could provide the answer.

Are you paying out too much every month for your credit cards, store cards and loans? Then why not replace them all with one, lower, convenient repayment through a consolidation loan?

Consolidation loans can give you a fresh start, allowing you to consolidate all of your loans into one - giving you one easy to manage payment, and in most cases, at a lower rate of interest.

Secured on your UK home, low cost, low rate, cheap, low interest debt consolidation loans can sweep away the pile of repayments to your credit and store cards, HP, loans and replace them with one, low cost, monthly payment - one calculated to be well within your means.

With a Debt Consolidation Loan you can borrow from £5,000 to £75,000 and up to 125% of your property value in some cases.

A UK Debt Consolidation Loan is a low cost loan secured on your UK home. It frees up the spare capital (or equity) in your home to repay your store card and other debts.

It can reduce BOTH your interest costs AND your monthly repayments, putting you back in control of your life.

Debt Consolidation Loan rates are variable, depending on status

Monthly repayments will depend on the amount borrowed and term.

You may freely reprint this article provided the author's biography remains intact:

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the http://www.directonlineloans.co.uk website.

More Resources

Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting

More Debt Consolidation Information:

Related Articles

Debt Consolidation Company and Companies
Debt consolidation companies have dotted the debt solution landscape as a result of the critical financial conditions consumers find themselves in from heavy credit card debt and other unsecured loans. With approximately 80% of Americans in debt up to $10,000, some are exploring a debt consolidation company in order to reduce or eliminate the crushing debt load that they carry.
How Do I Know a Good Credit Card Debt Reduction Strategy When I See It?
Credit card debt reduction is an important part of the debt reduction process. The way credit card debt reduction works is if you have five credit cards, you need to keep track of and pay 5 bills every month.
Debt Consolidation
Sometimes life can get on top of you and out of control. When this happens many of us indulge in a little retail therapy but when a little becomes a lot then you can hit problems.
Debt Reduction Solutions
Finding solutions to reducing your debt takes some thinking and research on your part. You have some good choices available to you and we shall list these key debt reduction solutions for you right here:1.
4 Debt Reduction Tips
If you are overwhelmed by debt, there are options you can take that will help you pay off what you owe without the stigma of filing for bankruptcy. We'll examine four ways you can get your debt under control and start working back on the road to financial recovery.
Why Choose a Debt Consolidation Loan?
Are you wondering why choose a debt consolidation loan? If you are one of the many people who continually struggle to cope with an ever increasing amount of debt the solution could well be within your reach.Are you feeling overburdened with debt? Are you paying out too much every month for your credit cards, store cards and loans? Then why not replace them all with one, lower, convenient repayment through a consolidation loan?If your are looking to:reduce interest rateslower your monthly paymentsavoid bankruptcyconsolidate your billshave one monthly paymentor simply get out of debt the fastest way possiblethen a debt consolidation loan could provide the answer.
Debt Management - How a Debt Consolidator Can Reduce Your Debt
A Debt consolidation program starts with evaluating your financial situation. This process involves an in depth analysis of your financial standing.
Money Problems?
You're not alone. Many people face a financial crisis some time in their lives.
Debt Consolidation - How to Protect Your Credit Accounts from Theft
Last week, a security exploit at CardSystems Solutions, Inc, a credit card processor, may have allowed thieves to obtain as many as 40 million credit card numbers from unsuspecting victims. The theft was brought about though a virus introduced into the CardSystems that allowed external hackers to obtain access to the account information.
Debt Consolidation Mortgage: Home Solutions for Integrating Arrears
Credit card debts, auto loans debts, secured loans debts, unsecured loans debts - debts of all sorts and types registered against your name. It is hardly a very promising situation.
Debt and New Spirituality
Overcoming the stigma of being in dept, grow in self-confidence and regaining ones own centre and balance again, is easy in the new energies. This is all about being true to yourself, what we have been doing in the past is buying into other peoples beliefs and concepts.
Debt Management - Debt Management Fees
Debt management fees can vary vastly from one company to another. Knowing what to look for and ask when seeking help through debt management will leave you better off by not making the mistake of working with an unscrupulous agency that charges excessive upfront fees or can't disclose or won't disclose why they have structured their fees as they have.
How To Get Rid Of Debt Problems Step 3 -- How To Negotiate Reduced Payments With Creditors
First, make a list of your creditors (NOTE: you should only attempt to re-negotiatepayments on your UNSECURED debts if you wish to avoid the riskthat an item upon which a debt is secured could be re-possessed)Add to this list the outstanding balance owed to each creditor.It is essential that you are accurate with this balance.
Debt and Bill Consolidation - Signs You Need To Consolidate Your Debt
If your debt is becoming difficult to get on top of, here are some questions to ask yourself to help you determine if you need some help managing or consolidating your debt. If you answer yes to any of these questions, you should probably consider applying for a debt consolidation loan or seeking help from a debt management service.
Does Working With a Credit Counseling Organization Hurt Your Credit Score?
Credit counseling organizations do not lower your credit score when you approach them for assistance in creating a budget that you can work with. Credit counseling is designed by nature to assist each individual in a way that is unique to a person's particular situation.
Consolidate Your Credit Card Debt
With the popularity of plastic money in the present age, credit cards are gaining immense importance. With the growing increase in usage of such cards the credit rates are also reaching the horizon.
Perks and Pitfalls of Debt Consolidation
Whether you want to pursue debt consolidation in order to make a good financial situation better or to pull yourself back from the brink of bankruptcy you will want to consider the good and bad things that may result from the choices you make.Perks and Potential Benefits of Debt Consolidation1.
Vultures and Victims
Has anyone noticed how many loan companies now fill up the commercial breaks? Sofa, after of sofa of happy couples are shown, with carefully manipulated stereotypes discussing the consolidation of their finances, recommending a particular provider. Couples, who have had loan requests knocked back from the standard, high street or traditional credit lenders, find themselves turning to alternative finance providers in the hope that they can move their debt situations forward.
A Simple Question We All Wonder - Are Debt Settlement Companies Scams?
Are debt settlement companies scams? It's a simple question so does it have a simple answer?Along with the genuinely helpful firms, there are plenty of operations billing themselves as legit debt settlement companies. These debt company scams prey on debtors by promising relieved debt and empty their pockets forcing payment of outrageous fees.
Finding a Reputable Debt Consolidation Company
If you are looking for a company that will help you consolidate your debt, you need to be cautious. Consolidating your loans into a single low interest loan can be a very good step financially, however there is a wide range of quality in the help you can receive.