Another benefit of a home equity debt-consolidation loan is that interest you pay on loan may be tax deductible. You should consult your tax advisor regarding your particular situation but in most cases as long as combined 1st mortgage and new debt consolidation loan do not exceed 100% of value of your home interest will be fully deductible.

For more information on home equity debt consolidation loans, or to compare rates and programs of home equity loan lenders visit http://www.equityloansource.com or http://www.badcreditloanshop.com

Other worrying delusions include two-thirds of women wrongly thinking that simply because they have lived with a partner for five years that they have automatic right to financial support.

And nearly half of those surveyed for report reckon that after five years living together a surviving partner would automatically get deceased partners possessions if there were no will.

The campaign is encouraging cohabitees to draw up Loving Together Agreements, which set out exactly what will happen should they split up, covering such things as ownership of property. It is also stressing importance of making wills.

It is believed that one-in-six of different sex couples living together aren’t married and that by 2021 total number of such couples will rise to three million.