Once armed with a shiny new credit card, spending the money feels good. Better still is that once you have a new card, other credit card companies offer you another new card. Now you feel great with multiple cards. You use each card in turn and feel you have the repayments under control.

But sometimes, it does not quite work out that way and the amount you owe on each card seems to be impossible to pay back.

If the level of debt is manageable, then that person can usually live a normal life without too much worry as they know that they can meet any repayments needed without it having any impact on their chosen lifestyle.

But for those with a level of debt which is not manageable, it is not so simple. A number of people find themselves in debt through credit cards. And this happens very easy. How?

Debt consolidation means that you have the chance to combine all of your debts into one single monthly bill.