As experts in clean credit, we at Vitesse field thousands of questions about debt consolidation each month from customers who are trying to repair their credit score. Debt consolidation can be a good idea, but it totally depends on your situation and what conditions you are offered. Remember that when you consolidate your debt, you are simply rolling all your debts in to one loan. After consolidation, you may find that your monthly payments are lower, but that is for one of two reasons: A.) The loan term is longer or B.) The interest rate is lower. Obviously, a lower interest rate is your goal. If that’s the case, hypothetically, consolidation would enable you to absolve your debt faster, provided you pay your monthly payment on time. The longer term option is an ominous one and should be avoided. For more guidance on credit report repair consider contacting Vitesse Financial.