The consumers who have too much unsecured debt have variety of ways to find relief from their debt by paying the amount owed. One of the most preferred options is the debt consolidation. There are three ways of doing debt consolidation i.e. Seeking the assistance of a debt consolidation service provider, roll all the unsecured debts from several accounts into one that has a lower balance and taking out a debt consolidation loan. When selecting any option, make sure that you make a wise decision after evaluating all your options. In order to accumulate your unsecured debt amount, make a list of the unsecured debt in ascending order and the interest rate charged on each debt. Then consider the options such as a personal debt consolidation loan is suitable for those individuals who want to pay off their credit card payments or small bank loans, home equity consolidation loans is best for those who want to apply for a loan or line of credit that will amortize their unsecured debts and many more. Once you have identified the most feasible consolidation option, the next thing is to transfer or pay off all your unsecured debt