If you took a poll and asked 100 Americans what they worried about the most, the majority of the answers would no doubt point to finances and money problems. The truth is that money is never far from anybody’s mind in today’s unstable economy. High unemployment, high debt and a stagnant pay scale have left too many of us up late at night wondering how to pull it all together.

Granted, these times would make even the most financially stable a little uneasy, but most of us are faced with another hurdle to overcome: debt. Carrying around debt in a time of economic insecurity is like having a weight around your neck in the water. You’re going to get wet, and you’re going to go under; the only question is will you be able to pull yourself out of the water with all of that weight?

Any amount of debt can be burdensome and even the most financially savvy need a little helping hand from time to time. What they do, and what you should do if you find yourself struggling with debt, is to alleviate debt through a debt consolidation loan.

Often consolidating debts is the only way to get out of a vicious cycle of borrowing to live today and barely making the payments tomorrow. Plus, most interest rates on credit cards are so high that it is virtually impossible to pay them off making reasonable payments once you have reached your spending limit.

And a debt consolidation loan is smart money management. Here’s how it works: Say that you have several debts that carry extremely high interest rates. A consolidation loan will pay off those debts and allow you to pay off the principle balance at a much lower interest rate. When talking credit cards, this lower interest rate could save you thousands. Wouldn’t you love to lower your interest rate by a dozen points or more?

A consolidation loan also saves you money by lowering the amount of your principle payments each month. This puts more money into your pocket to cover living expenses, thus stopping the cycle of borrowing to live for good.

As you can see, there are very good reasons why you should consider a consolidation loan. So, stop worrying and start sleeping at night. There is a way to get those bills paid and have more money left over than you thought possible.