But, there is good news. You can get help even with a poor credit score. The better your credit score is though, the easier it will be to get a debt consolidation loan. And if you are a homeowner, you can apply for a debt consolidation loan for homeowner.

If you have credit and don't own a home, there still is help available. There are debt consolidation lending companies that will help you get out of debt. Speak to a debt consolidation counselor to see what type of programs are available to you. You might want to talk to a couple of companies to see who has the program that you feel will fit your needs.

Most debt consolidation agencies will handle creditor calls and negotiate your debt for you. Some charge a small monthly fee and others keep a portion of your negotiated savings. The good news is that they will deal with your creditors and you can stop getting those threatening calls. AND you'll be able to make one monthly payment designed to fit in your budget.

The fact is, that even if your credit is low, you can still rebuild your life. Start making payments to the debt management companies and watch your credit score raise...and you overall life improve.

And although a debt consolidation loan for bad credit isn't always available, a debt consolidation payment plan can be easily achievable, and it definitely is the answer for many.