What you’re going to find with debt consolidation is that when you conduct a search online, you’re going to find a lot of spam, scams, and more.  The only place that people seem to trust when it comes to consolidation is the government!

While a government program may be the step to take, let me give you some pointers that you should consider, when you’re looking to consolidate your debt with an outside service.

#1 Make sure they are with the BBB – I would only work with those that are affiliated with the BBB.  Check their rating.  If it is good enough, I would consider them for the job.  Be aware of a low grade though, because it can harm you.

#2 Look for reviews – A quick search online can do wonders for just about anyone.  Simply search out the company name and see what other people have to save about the company.  If you get a good vibe, then I would continue one!

#3 Just trust your gut - If it sounds too good to be true, or you just think they can’t get the job done, or they even can’t answer your questions, I would go with your gut instincts.  Don’t trust a place if don’t think they are going to get the job done.

How can I find a government debt consolidation loan?

These loans are hard to find but what you’re going to find out is that if you look in the right sources, you can get one.

These loans are designed primarily for students that are in debt.   These typical students may have medical, or credit card debt.  While these loans can help more than college students, the fair majority of the recipients are those that have attended college in the past.

Two programs that you will want to look into are the Federal Family Education Loan (FFEL), as well as the Higher Education Act (HEA).  Both of these are the only programs that I have found that should be able to help you when you want to get help from the government.