Debt Consolidation is it good or bad?

@jrkcmw (255)
United States
October 19, 2006 2:59pm CST
I have heard it is a really bad idea to use a debt consolidation company. What do you think?
1 response
@mrozpani (40)
• United States
25 Jan 07
I am to the point now that I am considering debt consolidation. My mother did it, and says it helped her out greatly. I haven't heard many bad things about it, and hope it will work for me.. I am curious to know what sort of bad things you have heard about it?