If you are in the position where you have found yourself in a lot of credit card debt and you are struggling to keep up the repayments, you may have a few options available to you to help eleviate the pressure.

1. Personal Loan - if you can take out a personal loan at a lower interest rate than you are paying on you credit cards, it may be worth doing so to reduce your monthly repayment. Personal loans are not secured against your property so you don't risk losing your home
2. Secured Loan - a secured loan will allow you to release some of the equity in your home which will allow you to raise some funds to maybe cover your total credit card balance. If you do this you are securing the loan against your property so if you fail to make repayments you could lose your home, however secured loans are usually at a lower interest rate that what credit card rates are, so it may be worth considering to help you reduce your payments.
3. Remortgage - you may be able to remortgage your home at a lower interest rate than you are paying now and release some funds in your property to cover your credit card balances. There are always new rates from lenders being produced so a remortgage may not only raise you some funds but get you on a lower interest rate meaning your repayments may not increase a great deal. A remortgage could be worth considering. Remember you can get a quote in minutes by completing our quick enquiry form.
4. Balance Transfer - you may be able to transfer the balances of your cards to a credit card with a 0% introductory rate, if you can do this you won't pay interest on the balance for the first few months in some cases up to a year, giving you some time to pay off the debt.