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Paying off Debts is Priority

2008-09-16 14:57:44

A recent report by Abbey has found that Brits are now more likely to pay off their bills and loans, rather than spending more on something luxurious. They found that 41% of people saw keeping on top of bills and debt was the main priority, whilst 13% thought maintaining a good work/life balance was of utmost importance. Only 9% thought saving was of prime importance.

One way that people opt for when they have lots of growing debts, is consolidating them. The competitive low rates normally lie with secured loans, as they are secured against your assets, increasing the lender's protection, but you can also get decent rates with personal loans. Many people search online to find a deal suitable for them - whatever loan you are after, there's some great deals out there.