DebtConsolidation.co.uk tips for managing debts without a loan

Sept. 21, 2011 - PRLog -- If you're looking to get out of debt without having to take out a debt loan, the first step is to manage your spending. Reducing outgoing payments means there will be more left over to repay creditors, so it's the easiest way to regain control of your finances. Here are DebtConsolidation.co.uk's top tips for reducing spending.

-   Shop around to find the best deals on your groceries, insurance and utilities.
-   Stick to a strict list when you go shopping and leave your credit cards at home.
-   Eat out a bit less and be kind to your waistline as well as your wallet.
-   Quit that expensive habit: whether it's new shoes, fancy coffee, cigarettes or even the gym that gives you a buzz, indulge less often or find a cheaper alternative.
-   Invite friends round for drinks instead of paying double at the pub, or rent a film instead of going to the cinema. Being thrifty needn't ruin your social life!

You can initiate a debt management plan (http://www.debtconsolidation.co.uk/debt-management) once your spending is under control. A debt management company like DebtConsolidation.co.uk will negotiate this informal arrangement on your behalf, and agree on a realistic amount you can afford to part with each month. You pay us this agreed amount in one easy step, and we will redistribute it among your creditors for you. A debt management plan and being a bit wiser with your spending could therefore help you get out of debt without the need for any further borrowing.

For more advice on no loan debt consolidation (http://www.debtconsolidation.co.uk/debt-consolidation/no-...), visit the website or call the DebtConsolidation.co.uk team.

Website: http://www.debtconsolidation.co.uk/

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DebtConsolidation.co.uk is a trading name of Ask Finance Ltd, a wholly owned company of the Harrington Brooks Group Ltd.

DebtConsolidation.co.uk through Ask Finance Limited is licensed under the 1974 consumer credit act, who issue guidance to ensure that our advice is ethical and professional. We are covered by the data protection act which protects client confidentiality.