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    Many people seek debt consolidation to stop calls from creditors and look for guidance in getting out of debt. On face value it sounds philanthropic to know that there are companies and individuals willing to help consolidate your debts without financial gains. They promise life without creditors, made possible by combining all debts and donating a certain amount towards payment at lower interest. So far so good, bu
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    are companies and individuals willing to help consolidate your debts without financial gains. They promise life without creditors, made possible by combining all debts and donating a certain amount towards payment at lower interest. So far so good, b
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    ial gains. They promise life without creditors, made possible by combining all debts and donating a certain amount towards payment at lower interest. So far so good, b
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    and donating a certain amount towards payment at lower interest. So far so good, but then you wonder: how do these non-profit debt consolidation companies survive?

    In plain language, debt consolidation is a prearranged debt repayment plan floated by credit card and collection companies offering lower overall monthly payments based on low interest rates. The payments to creditors are made through donations col

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