Solution Mortgages News

Solution Mortgages news on bad credit remortgages, poor credit remortgages and for people with arrears & ccj’s. Remortgage news with regards to the adverse credit market and people with sub prime credit.

Tuesday, March 25, 2008

Debt consolidation services

If you are looking for debt consolidation services, look no further than Solution Mortgages.

We offer debt consolidation services which will allow you to clear your debts and reduce your monthly outgoings.

In modern society it is to easy to get into debt. Banks have been offering cheap credit for years in the form of unsecured loans and credit cards. Now things have changed dramatically and the era of cheap credit has all but come to an end.

For those people who have taken out large amounts of credit over the last 10 years are now finding that the interest rates on loans and credit cards are increasing and trying to consolidate debts with other unsecured borrowing is impossible.

If you are in this situation you will know that interest rates on credit cards, store cards, overdrafts and car finance is much higher than on your mortgage.

Our debt consolidation service allows you to pay off these other loans and reduce your monthly outgoings by consolidating them into your mortgage. The saving can amount to hundreds of pounds each month.

However, bear in mind that you will be securing these previously unsecured debts to your property and you will probably be repaying these debts over a longer term and therefore it is likely you will end up repaying a higher amount in the long term. You must also remember that failure to keep up with the repayments will result in your property being repossessed.

We should be able to help you regardless of your credit history. Whether you have a poor credit rating, CCJ's, IVA's or even bankruptcy you should still consider calling us for our debt consolidation services.

If you require debt consolidation services, please call Solution Mortgages on 0845 123 1260 or apply on line at www.solution-mortgages.co.uk