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If you consolidate all bills into one, the single payment should be at a lower interest rate and reduced monthly payment.
Any savings could be used to start an emergency fund to help prevent a future financial crisis.
A debt consolidation loan should have a fixed interest rate that is lower than what you were paying, which reduce your monthly payments and make it easier to repay the debts.
That's where debt consolidation and other financial options come in.
There are three major types of debt consolidation: Debt Management Plans, Debt Consolidation Loans and Debt Settlement.