Debt consolidation is not right for all situations, but if you fit the following criteria, it may be worth considering:
You can pay off the debt: A loan will not help if you can't pay it off. Getting a debt consolidation loan without being able to pay it will make it worse in the long run.
You have a high credit score: A high credit score can help you get a loan with lower interest rates than your current debts.
You want one payment: If you find it easier to keep track of fewer bills, one monthly payment may help you stay on top of your debt.
You like fixed payment options: A fixed payment is possible with a debt consolidation loan.