My relatives had come over today to our place. It was great having them over as we had not gotten together in a long time. During our conversation today, they told me that they were having some problem paying off their long-standing debts and asked me if I knew anything about debt consolidation. I asked them if they were sure about what they were doing because, in debt consolidation, one is basically taking out one loan to pay off many others. I was a bit worried and confused. My relatives said that the main reason they wanted to go in for debt consolidation was because of the convenience of servicing only one loan. They are actually having trouble keeping track of all the loans, bills, and credit cards that they have to monitor all the time, and by going in for these kinds of consolidation services, they will be better able to manage their precious time.