There are a number of services that promise to help you pay off debts more quickly and with lower interest rates than the original agreements stipulate. The problem is, finding a legitimate program that meets your needs and doesn't cost you too much more money. The options include taking out a personal loan with a lower interest rate to pay off other debts, taking out a secured loan like a 2nd mortgage to consolidate smaller loans or credit cards at a lower rate, and paying a company to purchase loans or negotiate with creditors to bring your interest rates down or improve payment schedules. In most of these cases it is either difficult to secure new loans when you are already struggling to make payments on others, or a debt consolidation company will charge high rates to negotiate for you. It takes careful research to find the best debt consolidation program for you. It may be helpful to work with a credit counselor or an attorney to determine what your best option might be.