Any time you sign up to accomplish financial debt consolidation you must straight away cease making payments on all of your unsecured money owed (ie. Credit score playing cards). The financial debt consolidation organization will then have you come up with a regular payment right into a have confidence in account. The concept powering financial debt consolidation is that you create a pool of money in that bank account. At the time the pool gets large enough, the financial debt consolidation organization begins to negotiate and repay of one's money owed with individuals money.