The payment on a consolidated debt will be much lower than the payments on high interest consumer debt. (hoyes.com)
Paying off any debt (especially high interest consumer debt) means you'll have improved cash flows because you won't have to worry about interest accumulating on the debt. (ourbigfatwallet.com)
Although not the most prudent fiscal strategy, it is not uncommon for consumers to consolidate debt and pay off higher interest consumer debt by consolidating it into a lower interest mortgage. (dominionlending.ca)