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Debt experts suggest for debt consolidation with lender who can combine multiple credit cards into one with equated monthly installment to complete payments within 60 months.

Recession period has widely affected UK economy negatively since 2008. Weak economic situation has adversely affected mortgage loans and personal lending business.

There are several formal and informal options available to consolidate multiple debts. Choice of debt consolidation option completely depends upon your financial situation, creditor, interest rate etc.

Leading financial institution of UK has released latest figures on debts. It is also explaining some facts about the debts using by individuals...

Debt management plan is considered as a good option to eliminate debt problems but it is not easy to decide what the rate of success in this plan is.

Debt consolidation mortgage is a financial option of debt repayment in which you can borrow more amounts to pay other existing debts.