I am new here. I want to know about debt consolidation. Currently, I have multiple debts and these monthly payments are taking away a major part of my income. I am finding it difficult to meet other expenses. I want a solution to this. I read about debt consolidation, where multiple high-interest payments are consolidated into one manageable payment, http://www.billfixer.com/debt-consolidation/. I think this is the perfect solution for my current situation. I want to know the risk factors related to debt consolidation. And how do I qualify for this? Looking forward to expert suggestions on this. Thanks.