Debt Consolidation Why it works?

Debt Consolidation You may wonder, why Debt consolidation works? I mean if I already owe 25,000 in credit card debt why in the world would they be willing to cut that in half? We at http://www.consol idationloanfacts.org are going to tell you. The answer is easy; they are as scared as you that you may file for bankruptcy. If you file then they have no hope of getting paid. And when they find out you are doing bad financially then they get willing to do a lot to get promised to get paid. So they half way smile cause with debt consolidation they are at least getting the money back that they loaned you, the only thing they loose is the interest that they charged you over the years. And if you feel too bad you can pay that back later (yeah right) :)