In many countries even the very high interest of 29% is lower than many other money sources. Certain loan companies end up having interest rates ranging in the 33-36% range when you take into consideration the many fees that are also involved with such loans.
You might also want to see this video to learn a bit more about the methods involved in becoming debt-free.
Stay tuned for more about debt consolidation and debt removal. Please feel free to leave comments if you have any questions.