Debt consolidation is often used to pay off a large number of credit card debts
. The reason behind this is the high interest rates carried by credit cards. You can secure lower interest rates as long as you have collateral like property. This simply means that you will be able to pay off your debts in the least amount of time at more convenient rates. You no longer have to worry about not being able to settle your debts. No more bad credit; no more weight on your shoulders. You will be back in your feet in no time. This is how you solve your problems with debt consolidation.