The Firm that consolidates your Debts takes over all the communication between you and the people you owe money. So you dont get those annoying phone calls every couple of days asking you to make a repayment plan.
Plus generally you can negotiate a lower rate of repayment, the Firm will take into account your Outgoings and Dependants and wont leave you totally strapped for cash.
Its good peace of mind to know that its being taken care of.

You bring all your debts into one and you only have one monthly payment to worry about. Also, sometimes you can get a more favorable rate of interest (like bringing credit card debt into a personal loan debt).

One payment per month.

It depends on the METHOD of Consolidation.

Not all are created equally! Some cause your credit scores to drop in a very unpleasant manner!

Also, if you are not educated about how money works..you will be more likely to fall right back into the same behaviors that caused your problems to begin with..and so it goes again! NOT GOOD!

Primerica strives to EDUCATE clients (for free too) as to how MONEY REALLY WORKS, and they offer support so that you do NOT repeat habits that will cause you to work BACK INTO DEBT!

The goal is to help people become DEBT FREE, PROPERLY PROTECTED AND FINANCIALLY SECURE FOR A HAPPY RETIREMENT!

(There's a concept eh?) If a solution MAKES SENSE to you, you do it, we help you do it. If it doesn't make sense to you ...you DON'T DO IT, but at least you now KNOW new information and can make INFORMED decisions!