A few years ago I found myself unable to make even the minimum payments on my credit card and was drowning in debt.   Emergency expenses had left me with a lot of bills at a time when my employer was lowering wages.  Because I had worked so hard for my credit rating, I decided to investigate Debt Consolidation Loans instead of bankruptcy or other solutions.  The loan company I spoke with offered an excellent loan which paid off everything, leaving me with a monthly payment I could easily handle.  According to my calculations I’ll be out of debt in eighteen months and my head is well above water.