There is no such thing as free lunches. Nobody is going to invest time and money into something which doesn’t give even the slightest hint of making money and definitely not, if they don’t even hope to get the invested money back. While there definitely are free debt consolidation programs available but they are not totally free and you can’t simply hope to relax after consulting a professional offering free debt consolidation.
Debt consolidation programs which charge some money are usually the best because they are the companies with more experience and expertise and have much more to offer. Companies offering free debt consolidation are the ones who are new in business and they may have highly experienced professionals but you may need to be a bit careful and check around with other people. When people are in debt, they try to find a solution in which they have to spend least money which they don’t have.
As I said you can’t have totally free debt consolidation programs. Usually consultation with a debt professional is free. Professional advises you about different courses of actions you can take to eliminate debt. After that, you can either take help of the professional or you can do all the needed work yourself. Professional will charge you some money and will do all the needed work for you and you can relax. There are some professionals who make money through affiliate commissions from financial institutions. In that case, debt consolidation program can be entirely free but professional advice will be biased in favor of the financial institutions which make them money. In this case, you may end up even spending more.
In most cases, the usual solution to debt problems is replacing a high interest loan with a low interest loan also called debt consolidation loan.