Debt consolidation loans allow people to consolidate many debts into one loan with one payment each month. Generally interest charged on debt consolidation loans falls far below the interest charged on most credit card debt allowing easier repayment of the debt. These loans, in most cases, rely on a debtor's home for security making them available only to homeowners. LendingTree offers secured debt consolidation for homeowners and some personal loan options for excellent credit debtor's who do not own property. Unsecured personal loans for people with good, fair or bad credit can be more difficult to attain and loan amounts may be smaller. To read more about debt consolidation loans including their dangers you may answer a pre-qualification questionaire or read an article, written in a frequently asked questions format, by a debtor's attorney on the risks and benefits of debt consolidation loans.