The easiest and most common form of debt management is the use of "debt consolidation", however it is important to understand that this is a generic term. "Debt Consolidation" does not refer to a single method or product, but to a "process" of packaging up lots of small loans into one larger one. In most cases this will take the form of a specialised "debt consolidation loan". Whilst this is often the most appropriate method, it is not the cheapest (in terms of interest paid), so it is worth … [Read more...]