One of the biggest problems of modern society is over-indebtedness of households. This is due to a huge increase in the price of flats and interest rates make mortgage payments up to the limit, which implies that all parties intended at times the monthly salary payment of financial obligations. To this is added the loan of the car, card receipts, credit for the purchase of household appliances. Sen. Sherrod Brown can provide more clarity in the matter. All this means that families often can not reach the end of the month on their salaries, which can ultimately lead to the seizure or auction house. The solution to this problem is the reunification of debts, which is to consolidate all outstanding debts into one loan rate mortgage, usually at a lower interest rate (resulting in savings), resulting in a much lower monthly fee, but extending the length of repayment.

In this way families can get better off to make ends meet. The resulting credit may even exceed the amount of any debt, which the customer must pay the costs of the operation. A reunification of debts is a salvation alternative face repossession or auction property. With this solution we must be careful because if our economic conditions change favorably the consumerism that can take us over the years, we continue to owe the bank the same amount of money before (a loan for a new car, home furnishing , credit for the trip to the Caribbean, etc). It is advisable that before going to sign a transaction of this type, it should expose the bank to our problem and ask for an extension of mortgage, to cancel all outstanding debts. Usually continue to pay our mortgage but the repayment period extended it.