In a nutshell, debt consolidation is the process of combining all (or some) of your unsecured debts into a single loan, typically
for the purpose of lowering your overall interest rate and therefore total monthly payments. Below is some additional infomation on the process of
consolidation and settlement; and the types of debt it can help with.
What Is Debt Consolidation?
Learn the basics behind the concept of debt consolidation, and how it helps to alleviate your financial burdens.