Debt consolidation is a option for those who have a large amount of debt. If you are drowning in credit card debt and other bills, you can consolidate all of your bills into one using a loan. Many companies offer a lower interest rate for these loans, but it is never guaranteed. The plus side to doing a loan like this is you will have one payment and possibly a lower interest rate. The downside is that it does not eliminate the debt. You may even end up in debt for a longer period of time depending on the payoff terms.
You can call for a free consultation to find out what program is best for you!