If you are an individual owning a home, you don’t have to worry about debt consolidation loans, even if your credit score is bad. There are few options you can consider irrespective of your credit history. However, you need to do a bit of research before you find a company that will readily grant you a loan. Most of the people look out for a bad credit debt consolidation mortgage. Along with being the most popular consolidation program, this is also one of the cheapest sources of repaying your mortgage. A bad credit debt consolidation mortgage can be availed at a very lower interest rate. Moreover, you can take as much as thirty years to repay the lBad Credit Debt Consolidation Mortgageoans. So, it’s quite convenient and cheap. Hence, people prefer this kind of loan. However, not every one prefers a bad credit debt consolidation mortgage. Few people find it quite insecure to use their home as a guarantee against payment. These kinds of people go for other unsecured debt consolidation loans.