What is Debt Consolidation and who is it for?

Top view of a wooden desk as woman writes in notebook and man holds papers in Singapore

Debt consolidation is a process that allows you to combine all the different debts you owe under one easy-to-manage loan. This means you only have to make one consolidated monthly payment each month instead of paying several other lenders and creditors. Debt consolidation is ideal for people who are struggling to make their monthly payments […]