Continued from page 1
With a Debt Consolidation Loan you can borrow from £5,000 to £75,000. Debt Consolidation Loans secured on property can be repaid over a period of between 5 years and 25 years .
Debt Consolidation Loan rates are variable, depending on status. Monthly repayments will depend on
amount borrowed and term.
Remember that this Debt Consolidation loan is to pay of
existing debts and that all
regular bills will continue to appear and will need to be constantly cleared too to avoid a similar situation in future. Hence you need to take complete stock of your financial situation whereby you need to have money to pay off monthly bills, mortgage repayment and other unavoidable expenses.
Should you be unable to make your loan repayments,
lender has security collateral in your home, therefore continuous failure to pay back
loan repayments could result in
lender legally taking possession of your house.
You may freely reprint this article provided
author's biography remains intact:

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the www.directonlineloans.co.uk website.