Our recent trip home was unplanned that we had to withdraw our savings and later on borrow from my mom-in-law. I am somehow thankful that we do not really need to get big loans nor should we be debt free as a result of excessive spending.

But what about those who have debts to pay? There are lots of testimonies about the difficulty of paying off debts, especially many different ones. Good thing there's debt consolidation, the process of taking out one loan to pay off the others thus securing a lower interest rate and fixed interest with the convenience of having only one loan. There are lots of helpful websites discussing this topic and one of which is the Cleardebt page where a comprehensive discussion about anything that has to do with debt, e.g. IVA Individual Voluntary Arrangements and how it can help with debt management, bankruptcy and how it could sometimes be the best resort for debtors and more.

The website has lots of useful tools and helpful links all designed to help a debtor in many ways. Donwloadable letters and guides are also available as well as client testimonies and a faq section.