A debt and bill consolidation service helps you to get the best rate on your credit cards. The ultimate aim is to make you debt-free. There are a number of companies which provide such services. It should be noted here that it is not necessary to have a bank loan if you want to use a debt consolidation service. In fact, it is much simpler to obtain a debt and bill consolidation loan without a bank loan.

It is possible to consolidate debt to your credit cards. Usually credit card rates are higher than consolidation loans. However under certain circumstances this can be a winning strategy.

Discover the meaning of zombie debt and find out how you can protect yourself against it.