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APPLY FOR A LOAN
Are you having a problem keeping up with repayments on your debts and household bills? Don't worry because you are not the only person in this situation. Around ninety percent of people struggle like this on a daily basis. It has become a routine part of our lives. It is often the case when you are in full time education that you forget that the student loan and other debts you've accumulated will have to be paid off, this normally dawns just after graduation.
All too quickly you are buying a home with your new wife who is expecting her first child. Even though the student loan is still being paid, you have added a mortgage and household bills into the mix as well as any other loans you may have. Do you have any idea how all this occurred so quickly? For most of us life runs in predictable cycles and this is probably what has happened to you unless your mother and father footed the bill for your education and stopped you from having credit cards. So, are you ready to apply for a loan and deal with that debt once and for all? It's all about the interest rate.
Ok, I know, why would you even consider applying for a loan when you are already in debt to the hilt? Simply put, as I hinted at before, the answer is in the interest rate. What are the current interest rates you're grappling with? Are they absolutely horrible and as high as 17 percent? This is terrible to say the least. It is possible to obtain interest rates that are under a third of what you are currently paying, perhaps even a low as 3%.
Why throw money away when you do not need to? It is wise to take into account just how much remains of your debt to the credit card companies and whether the student loan is still being repaid. How much do they equal all together and what is the current interest rate on each? This is important. After you have done this, it may be possible for you to apply for a loan that consolidates all these debts into one. Just think a loan like this might have an interest rate as low as 4%. Repayments per month would be reduced and there would only be the one.
Why not spend some time on the internet researching what's available; it should make a pleasant surprise. In no time at all you can easily apply for a loan to obliterate those awful monthly bills and interest rates. As the saying goes, don't delay, do it today.