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Q&A: Has anyone had any success using a debt consolidation program? If so, which one?

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Has anyone had any success using a debt consolidation program? If so, which one?
I am about $ 55,000 in debt due to school loans and credit cards. I am looking to consolidate my payments because I have multiple lenders as well as credit cards. Has anyone used a debt consolidation service and it has not been a total rip-off? I don’t even know how it works to consolidate debt. Any advice and referrals to reputable services is much appreciated.

Best answer:

Answer by My Take on It
You will not find a legitimate debt consolidation company
They will take your money and leave you worse off than you were before.
Go to http://www.nfcc.org to get free credit counseling. Not sure if they can help with the student loans, as those are a whole different ball of wax.

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