Multiple bills need consolidation solution

People are continuing to struggle with multiple bills in 2007, which explains why debt consolidation companies are doing brisk business, and approving loans all the time.

The latest figures from Credit Action have highlighted the fact that juggling multiple outgoings is the principle problem most people experience when it comes to their finances.

Research by BBC Breakfast also showed that more than a quarter of us are anxious about how to pay the different bills that come in.

Debt consolidation loans have long been touted around by finance experts, for their lower interest rates and simple repayment plans.