Debt Consolidation: 3 Sources for Help |

A debt consolidation is not something the common consumer takes on without at least doing some research or seeking the advice of a professional. When you find yourself in need of consolidating outstanding bills such as credit cards, medical bills, and student loan, rather than ignore the problem, you’re ready to take it head on but aren’t quite sure where to start. Start with the facts – information you need from reliable sources that can help you transition from thinking about a debt consolidation to doing a debt consolidation. Financial professionals, online resources, and books are but a few of the places where you can find the information and assistance you need to complete a successful debt consolidation.

Financial Advisors

If you work with a Certified Financial Advisor or Certified Financial Planner, contact them to discuss a possible debt consolidation. If you don’t have one of these professionals on your time, ask around of friends, family members, and co-workers for referrals. These financial professionals view financial situations from every aspect, so it includes your asset and liability side of your personal financial balance sheet. After reviewing your complete financial situation, the professional can make some educated suggestions on how you can consolidate debt and make a plan to pay off and get out of debt.

Online Resources

A myriad of online resources exist to assist in providing you with articles, calculators, spreadsheets, programs, and more about debt consolidation. Before you turn to anyone else for advice, you should educate yourself on personal finance, specifically debt consolidation. You can open your favorite search engine and conduct a search for debt consolidation information. Look for articles and information from professional financial experts so you know that the information is coming from a reputable source rather than someone writing a blog that doesn’t have a financial background. Read the credentials of the author, and consider the source before following the advice of any one individual.


Take a trip to your local bookstore or pull up the website of your favorite online bookseller. Search the shelves or browse the selection of personal finance sections to find books on debt consolidation. Publishers typically do not publish unchecked facts, but you should take some time to read about the author of the book before you purchase it or follow the advice within its covers. Even if you educate yourself on the topic of debt consolidation, you can still turn to a professional for guidance. Having the knowledge helps you to approach the debt consolidation in a responsible manner and helps you to understand what the advisor suggests you do in order to get yourself out of debt and regain control of your finances.