If you're thinking of getting a debt consolidation loan then now is a decent time time to think about stepping up your search.
After all, the base rate dropped at the end of 2007 and it's expected it will suffer the same fate throughout 2008 meaning the interest rates that providers offer might well drop.
So if you have multiple debts like credit cards and store cards that have high rates of interest, you can save a significant amount of money by tying all of these arrear together in a low rate loan.
Make sure you shop around though because there are a huge range of deals on offer and the difference in price from the worst to best agreement can be massive.