Debt consolidation is one of the most popular ways to get out of debt. All your unsecured debts can be combined into one loan, with a lower interest rate and a lower monthly payment. When working with a debt consolidation company, there are some things that you need to be assured of first, before you plunge right into business. First of all, make sure that the business is legit. Having the approval of the Better Business Bureau does not mean that the company is reputable. Just like a child and a parent, the child will always be on their best behavior when the parent is watching. But when the parent is gone, that's when the child continues doing what the were before...acting out.