You can read more about how debt consolidation works in this article. (getoutofdebt.com)
If you're trying to lower your monthly payments or get out of debt, you may be looking at this option; but how does debt consolidation work? (weonlydothisonce.com)
That means a lower interest rate on the new loan — which is a critical factor in making debt consolidation work for your situation. (blog.readyforzero.com)