Debt consolidation is the process of combining multiple debts and saving money on interest. The best way to start is by getting a lower interest rate on your debt. This may help you pay down your debts faster, in addition to saving you money in the long run. Qualifying with a lender can be difficult if you have bad credit, so it might be useful to know that there are personal loans available for people with bad credit.
What is debt consolidation?
Debt consolidation allows you to merge multiple debts into one payment.