Some may ask what the difference is between a debt consolidation "loan" and a "service". Well, a loan is a cash lump sum that you get from a lender either through a home equity loan or refinance of a home. These loans are pretty difficult to acquire and often have a very high interest rate attached to them (15%+). If you have bad credit, then you will probably pay even higher amounts of interest.

To save money, you have several options instead of a debt consolidation loan. Some may argue that consolidation is best because it has less effect on your credit than settlement or negotiation.

For a free consolidation with an expert, click here or call 1-800-646-2993.