Consolidating your debts

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It has been suggested that if you are to consolidate your debts then a good way to go is to get a personal loan.

Despite the current credit crunch there are some good deals available and the rates are good at the moment. Its fairly easy to get a loan rate below the average of 7%.

But if you are going to take out a personal loan then make sure u don’t end up borrowing more money.

Research shows that out of 3 million people over half continue to accumulate debt.

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