Debt consolidation calculator

I came across this online tool to help compare a consolidation loan with individual debts, and I wondered if anyone would find it useful.

http://www.thesalarycalculator.co.uk/debt.php

Comments

  • Thanks for that... but generally on DFW we really don't agree with consolidation loans. They don't make you realise why you've got into the debt or how to deal with it yourself. You're just moving the debt around and paying more interest for the priviledge so if anyone IS considering a consolidation loan then please please post and see if there's any other way of sorting it.
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
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