Credit and Loan Agreements

Most people I know in London have massive amounts of debt. This isn't necessarily a bad thing, it is just a facet of modern living. If you want any kind of career these days you have to get an education, and they don't come cheap. So starting out with student loans and progressing quickly on to credit cards to pay for your studies leaves most people (those without rich parents) with a hefty bill to be paid off in adult life. I have been looking at re-structuring some of my debt to make it more cost effective, and was pleasantly surprised by the level of assistance offered by the UK government, especially their 'Money Made Clear' website.