In this case, the company would have a better chance at paying off all of its debts in the future. (investopedia.com)
Although this process could take months or a few years, it could also give you time to save for a bigger down payment while paying off some of your debt. (valuepenguin.com)
With a debt consolidation loan, you can pay off all of your debts with a single personal loan. (lendedu.com)