What default interest rate am I paying?May 14, 2020Is a Debt Consolidation Home Loan an effective solution?May 18, 2020 Published by Colin L What is Debt Consolidation? Debt consolidation is where a loan is established to pay two or more loans or other debts. As such, we mostly consolidate credit cards or personal loans. However, consolidation can include other debts such as court judgements or tax debt. Permalink Back to Top