Studies show that easy availability of personal loans and credit facilities by credit card companies in UK has put a lot of people in financial crisis. These people took out loans and used credit facilities offered by banks without due consideration.
If you are one of these people who have got into debt, I advise you to find a company that offers for debt solutions.
I recommend you to approach Clear Debt for a debt advice. They have helped thousands of people in England and Wales to eliminate their debts. They can offer you a good debt management solution to after studying your situation. You can cut your interest rates down and loan installments.
They advise people to go for debt management solution if their consumer debts are less than £14,000. They have devised IVA solution for people if their debts are over £14,000. Their professional assistance get can reduce your monthly repayments by up to 65%. They also negotiate with your creditors to reduce your debts.
I urge you to take their “Debt Analyser Test”. It will give you an idea which option is best for you. They have published a lot of useful information on their website. The information on their website can help understand your situation