Unsecured Personal Loans: If you have a few small loans and one or two credit cards, you may wish to consider an Unsecured Personal Loan. You could pay off all of the existing commitments and just have one much more manageable repayment.

Unsecured loans are available up to £25,000 and if you have a good credit rating and a steady income you could qualify for some of the best rates in the industry from some of the best known lenders.

Even if you have missed a few payments or suspect you may have a bad credit rating, there are lenders that may still consider you for a loan. You may not qualify for the best rates but your debt could still become more manageable. >> COMPARE LOANS.

Mortgage: If you are a homeowner with a mortgage and your mortgage is less than the value of your home, you could release some of the equity to swallow up your other debts.

This may increase your outstanding mortgage and increase the term of the mortgage. You should contact your existing mortgage company or an independent financial adviser/mortgage adviser to find out if this is possible. (make sure they are registered with the FSA)

If your existing mortgage company is unable to help it is worth speaking to an independent adviser before ruling out the possibility of a mortgage. There are a large number of mortgage lenders that will still consider you if your credit rating has suffered in the past. >> SEARCH MORTGAGES

Secured Loans: There are advantages to considering a secured loan to consolidate some of your other financial commitments. Secured loans are offered by a selection of lenders up to 125% of the value of your property.

This means that, unlike a mortgage, you may be able to borrow more than the value of your house. Secured loan lenders are able to offer this because property values increase over time.

Secured loans can also be repaid over a much longer period of time than unsecured loans which means the repayments could be much more manageable. >> GET A LOAN QUOTE

IVA / Debt Management Programme: If you have Unsecured debts over £15,000 and have been declined further borrowing we have identified a facility whereby debts can be consolidated into a lower, more affordable monthly payment, without taking out a further loan.

COLDA will be able to identify you for either a Debt Management Programme or an IVA. You could benefit from Government legislation and you could be debt free in 60 months or less.

You only repay back what you can afford and anything you cannot afford to pay back is written off. Submit a few details and a certified COLDA representative will contact you to assess your suitability. >> ENQUIRE