Mint, the financial services provider have publicly declared they recommend debt consolidation loans to customers who are serious about solving their financial problems.
The group say that debt consolidation loans give an accurate timeline as to how long a person can expect to be in the red, and as such give consumers some targets to aim for that can help harden their resolve.
A spokesperson for the group commented: "At least with a loan you are given the time and you know that within five or seven years it will be gone, whereas just paying the interest every month without clearing the balance is a fairly suffocating process."