Can a consolidation loan help to pay off all my debt?

Welcome to debtcc forum! Can you please tell what kind of loan(s) you have? Are you staying in a rented property? debt consolidation Loan can be either secured or unsecured. For secured loan, your home is the best security, helping you get a lower interest rate. An unsecured loan (in your case) is not secured against something of significant value and thus comes with a higher interest rate. In any case, debt consolidation loan, available to you, will depend on your credit rating. There are plenty of websites and online resources that can help you get a loan. But make sure you carefully evaluate advantages and disadvantages and make use of plenty of information before rushing into any decision.

Don't consider debt consolidation or credit counseling agencies your first stop. These should be your last resort. Although they may be tempting, doing it on your own will help you learn the skills. You need to fix your own problem and avoid getting in this situation again.