Who needs it
When you have multiple debts, it can be stressful trying to keep them all under control, and can put pressure on your family and other areas of life. Many of us have personal loans, car loans and credit cards which we pay off each month, often to different financial institutions. This means you could be paying more than you need to be.
Anyone who is looking to have all their debt in one place and potentially reduce their interest rate and monthly repayments, could benefit from debt consolidation.