Debt consolidation – two words that people who are in debt need to consider very carefully. You need to consider the process with extreme care before you proceed and to do your research to see whether it is the right move for you to make. Remember that what happens after your can sometimes be worse that the situation you are in now.

To begin with your credit score will be hit for many a year – and that may mean an embarrassing moment or two in the mall. Plus you may well be able to sort your finances out perfectly well on your own instead of paying a debt consolidation company to do it for you.

Do some research and make the right move for you!