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The Mystery of What Debt Consolidation Really Means. – Gene

“Dear Steve,

I’m overwhelmed with debt and I need your advance once again.

Steve, please tell me the best debt consolidation companies? A company that will get the job done and put me back on track with my finance. I have always trusted your advice. Please help!!!

Thanks again,


questions narrow

Dear Gene,

Thanks for coming back for advice.

Unfortunately I’m not at all clear what type of intervention you need. The term “debt consolidation” is used interchangeably by credit counseling groups, debt settlement companies, and sometimes even bankruptcy attorneys.

When I think of debt consolidation I tend to think about unsecured loans like those available from

So absent any specifics, let’s start with a look at all the options.

Use the free How to Get Out of Debt Calculator to review your options.

Once you’ve identified a company you want to work with, then follow my step-by-step guide on what you should look for and expect from a good debt relief company.

Please post your responses and follow-up messages to me on this in the comments section below.

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About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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