The process of debt consolidation need a person who has experience, and knows how these sorts of things in this field work.
If you consolidate with a bank, for example, instead of an established consolidation company, you may find that they don't do any work at all to try to reduce the amount of debt that you owe.
Also, many of these companies that are not specialists in the field may not understand exactly what you are going through.
That is why your rates and monthly payments are normally much cheaper with a certified company.
Also, you should go with a service that has a track record.
As important as it is to find a company that declares their specialty to be the consolidation of your financial obligations, it is at least as important that the company also have a track record.
You do not want to get stuck with a company, for example, that refuses to call back when you call.
Therefore, it is normally a good idea to try to find someone who has had personal experience with the company.
Finally, you want a company that gives you all of the amenities.
These companies make their money off of the interest only, in most situations, so you should get as much as you can.
Given the same rate, the extras are simply free.
So you should look for a company that not only gives you a low rate, not only gives you good service, but everything else, including the promise to bargain down your interest rates.
Otherwise you are shortchanging yourself, and in this situation, you simply cannot afford that.
You should search as much as you possibly can, until you find a company that fills all of these criteria.