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Archive for August, 2005

What You Need to Know About Debt Consolidation

Debt consolidation is often a last resort for people who are in extreme debt and trying to avoid bankruptcy. Many people who are not in danger of bankruptcy, but have debt on high interest credit cards may also choose to consolidate their debt. Debt consolidation is defined as the process of organizing loans and debts [...]

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Debt consolidation makes sense only with low interest rates

Credit that cannot be managed or is not being repaid requires debt consolidation. Debt consolidation offers borrowers with a chance to repay their high interest loans at low interest rate. You must be thinking, ‘it sounds good, but how is it possible.’ How can high interest loans repaid at low interest.
This is how debt consolidation [...]

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Two steps forward, one step back - Interest rates

It’s easy to over-look the amount in monetary value you are paying in interest to your creditors each month. If you take for example a £15,000 loan at 7.7% - a fairly decent rate for an unsecured loan. In month one you will be paying £96.25 in interest in the first month! Now this does [...]

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Customer Testimonial »


As I await confirmation of my final payment to my creditors after years of debt, it occurs to me (not for the first time) that I owe a final debt, of thanks to Dissolve Debt for all the support they have given me over, what has been many years.

The pressure of debt and its associated hardship has taken its toll over time on myself and my family, but because of Dissolve Debt I have been able to get on with my life without the dread every morning of what the postman may bring.

I have always endeavored to pay off what I owe to everybody, but this would not have been possible without Dissolve Debt. I have no doubt that under different circumstances I would have sunk without trace.

Through a number of Dissolve Debt staff, over the years I have had calm support and down to earth advice, most often when I needed a stick to lean on. For that, again, thank you.

There is so much more I could say, however, I look forward to my fresh start and perhaps a holiday.

I wish you all health and prosperity, it is well earned.

Kind regards, Mr. J. M.

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