Thinking about debt consolidation?

Today with the impact of the sub prime and the mortgage crisis still resounding on the markets today, we end up waking to the realisation that our investments are no longer that valuable as we thought them to be. What is more, the mortgage market is falling steadily in spite of some measures taken to counter that by the president.
The U.S dollar is at its lowest against the yen and most of the other major currencies, the price of Oil is reaching for new heights and naturally when the cost of fuel increases, most of the other essential items also increase as well.
With this state of affairs that is persisting today, is it any wonder that our money does not any longer come as far as we thought that it would have. Most of the times, when in times of dire financial need like right now, we tend to go to the banks first.
But the banks, as usual, being the first to react to any bad news, have tightened their purse strings very tightly and getting a loan from a bank would take a long while to process.
Often, under such circumstances, it is better to take out a debt not with the intention of spending it but rather with the view of consolidating debts. It is high time that we all thought of trying to Consolidate Debt instead of trying to get more and more debts as that would only get us into a debt trap. This site gives one all the helpful tips one needs regarding debts and debt consolidation and as such, it is really good in that. So do check it out for the latest on this!