Whilst demand for unsecured loans remains popular, one area in which there has been a decline in requests is debt consolidation. It appears that many people facing debt problems are finding other solutions rather than taking out another loan.

The opportunity to write off up to 70% of debt with a debt management program or IVA is becoming more popular as the many consumers with debt problems seek to get back on track.

However debt consolidation loans still have their place and can be a very effective means of helping people with debt problems. If you have a number of debts on credit cards with high interest rates, for instance, it is very likely your monthly repayments are high. If you are only making the minimum monthly repayments specified by the credit card company it is going to take you an awfully long time to clear your debt, and it will be near impossible if you continue to use your card.

In these circumstances a debt consolidation loan could be the answer. By consolidating your debts with a long-term loan you are likely to be paying a much lower rate of interest. The monthly repayments on the loan will be substantially lower than you are currently paying to service your debt. It may even be possible to take out a loan for a higher figure, to cover your debts and give you a little extra money to spend.

Providing you are able to meet the monthly repayments your debt is effectively cleared and you can make a fresh start. It is very important to make sure you get your finances in order having cleared your debts. Identify where savings can be made and work out a budget that means your outgoings don't exceed your incomings.

At Unsecured Credit we can offer you an unsecured debt consolidation loan. Taking into account your circumstances we look at a variety of lenders offering unsecured loans and find the best deal.

We have access to a mixture of traditional lenders and non-status lenders meaning that we should be able to find you a deal no matter what your circumstances. Getting a quote is quick and easy, free of charge and without obligation. Just give us a call or complete our online enquiry form.

We are pleased to confirm our partnership with Yes Business Loans for commercial and business finance products. They offer a full range of business loans to all types of businesses including:

• B & B
• Factories
• Farms
• Guest Houses
• Hotels
• Land
• Nursing Homes
• Offices
• Restaurants
• Shops
• Small Business

This is only a small sample of the business types they can help. In fact any business looking for a loan or finance should contact them to see what they can offer. It is very likely they can help where many banks have failed.

Getting a quote for a business loan could not be simpler. Their online form will only take a couple of minutes to complete and from there they will provide you with figures and, if acceptable, the money itself very quickly indeed. They specialise in fast business loans.

Getting an unsecured loan is getting harder. The major banks, such as RBS and Lloyds, are cutting their loan books to the tune of billions of pounds! This means that there is substantially less money available for lending and the majority of this, if not all, is being lent to people with completely clean credit histories and large salaries.

So what can you do if you need an unsecured loan but cannot get one from a high street bank? Try UnsecuredCredit.co.uk of course!

As well as mainstream lenders we have a number of lenders who will consider lending to people with credit problems and other difficult and non-standard circumstances. Our aim is to get ALL of our applicants an unsecured loan.

Of course the rate you pay is likely to be higher. Unfortunately the larger the perceived risk lenders take the more profit they expect in return. There is nothing we can do about this but we will always endeavour to get you the lowest rate possible in the current market.

When considering taking out an unsecured loan always make sure you are comfortable with the monthly repayments. Don't over commit yourselves because failing to meet repayments is only going to lead to further credit and debt problems.

Making an enquiry is simple. Just complete our online unsecured loan enquiry form with your details and we will look for the best loan deal for your circumstances. It doesn't take long for us to get you a quote and, if approved, the money can be available quickly.

We look forward to hearing from you.