What is a bill consolidation loan?
A bill consolidation is a good option for you if you find yourself unable to pay your monthly bills. Although you do not necessarily have to take out a loan to consolidate your bills, it is something that is available to you should you need it. A bill consolidation loan is basically a loan that would pay off all of your current debts. Instead of having several payments to keep track of and make every month, you would only have one. Here is a helpful article from bankrate.com on reorganizing your finances in order to deal with overwhelming debt.