When being indebted finding a solution to pay all loans back is not such an easy thing to do.  The lack of money and the low salary made you ask for too many loans.  However, instead of improving, the financial difficulties got worse.  And that is because the repayment dates are difficult to comply with.  Fortunately, the Debt Consolidation loans are a way of reducing all debt.  That means that instead of paying all previous loans, with a debt consolidation loan there is only one loan that has to be paid back.  Therefore, there would be only one monthly payment and that would be a lower one.