You may be able to make smaller monthly repayments. By increasing your loan term. Or by qualifying for a lower interest rate, you can manage your monthly repayments better.

You may be able to reduce your interest. If you have multiple hire purchases, credit cards, overdrafts and personal loans it can be hard to keep track of the payments. You may also be charged different interest rates and fees for each loan.  By consolidating all your debts into one loan, you are charged one interest rate, and one set of fees with one fixed monthly payment.

You may be able to simplify your debt. Reorganise your debts into one debt that is easier to manage than several!