Secured loans such as a house payments or car loans usually cannot be successfully consolidated. Also any loan that has been cosigned by another person will require that that person pay on the loan if you do not meet the original terms and conditions. Secured debt is debt that is secured by something. Unsecured debt is just as legal as secured debt but doesn't have anything else involved. In general, secured debt should be paid before unsecured debt.
All major creditors participate in consolidation programs.
Master Card, Visa, Discover, department store cards, hospitals and medical clinics, student loan bureaus and state and federal revenue departments are just a few examples. We charge only minimal fees to clients on consolidation programs. These fees help cover the cost of expenses undertaken on the client's behalf. For example, when a program is started, we must enter information into an extensive database in order to properly administer the program, and we must mail out letters to all creditors. We will not put a person on a program unless they save at least the amount of this fee.