Before you head out to a consolidation expert, you are going to have to make sure you have your ducks in a row, to save yourself the most money.  A lot of consolidation companies are wanting you to come into their offices, with no education, so that they can make even more money off of you.  Make sure that you perform your due diligence, and have everything in front of you, concerning your credit history and financial statements.  You want to ensure that you have taken the necessary time to go over all of your documents, and understand them fully.

Take your credit history, and whatever smaller debts that you are in the position to take care of, before you enter into your refinance program, should be taken care of.  By paying off these lower debts you will, you will drop your debt to income ratio which will improve your credit score, which in turn will help you get a much lower rate on your refinance.  When you are in a bad position with your credit, and have multiple accounts on your report that are going to default soon, prospective lenders are in a position to make a lot more money off of your loan, by forcing you to pay much higher interest rates on the refinance.

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