Debt consolidation is the process of combining a number of debts into one major debt payment. The advantage of doing this is to save money on interest payments. Instead of paying off a number of different interest payments every month, you will only pay one central interest payment. Normally this means that the interest payments are lower and your debts can be paid off sooner.

Sounds good, right? What we offer at DTS goes one step better. The problem with debt consolidation is that it doesn't remove the debt, it just moves it to a different location. Depending on the number and amount of debts owed, a consolidation loan can be quite expensive, meaning you won't be able to fully pay off the loan for years to come.

In the meantime, you will be accruing more debts. It's not as though your payments for life's necessities will come to a standstill. You will still be building up debt via new credit card bills and perhaps new car payments or mortgage payments--in addition to the amount you will owe for the consolidation loan. As you can see, this isn't the most effective alternative.

Not everyone will qualify for a debt consolidation loan. Our service is built for people in dire economic circumstances--$10,000 in debt or more. People in this situation might be turned down for consolidation. Instead, try our service--we can reduce debt significantly. After that, you can try a debt consolidation loan with a much lower debt level.