<prompt> Human: I am one of those people. I am 25, and I have school debt, credit card debt, car payment debt, etc. Well recently, I got a letter from a courthouse stating I needed to pay for one of my bills by early May. I realize now that I need to find a way to start paying for all my bills. I make minimum wage, and I have absolutely no hope of paying my current month to month bill situation.My real question is, what are the negatives you might not know about when going through with a debt consolidation loan. Also, are there any other alternatives worth looking into? I just am very inexperienced here, and dont want to act hastily and regret my decision. Thank you rpf!Edit: Since I need to clarify, here are some breakdowns of where my finances are currently:Income: 1,100 a monthRent: 300Electric: 100Car Payment: 265Car Insurance: 180Credit Card 1: 5,00 BalanceCredit Card 2: 1,500 BalanceStudent loan 1: 15,000 FederalStudent Loan 2: 33,000 FederalStudent Loan 3: 5,000 PrivateAlso, I made some poor decisions and havent payed some of these bills in over a year. Im not coming here to get told how stupid that is, I understand I have made bad decisions. I am here to try and fix my past mistakes. As for my current spending, I havent even had enough money to get groceries this week. I spend less than 75 a month on food and gas.  <response>: what are the negatives you might not know about when going through with a debt consolidation loan. Just getting a loan doesnt fix he underlying issue of spending more than you make. Also, a lot of loans like that have pretty lousy interest rates, to the point where youre better off making a budget and prioritizing your debts.How much are your student loans, are they federal or private, are you eligible for public sector loan forgiveness?How much credit card debt are we talking? 1,200, 12,000, 120,000? How many cards, what are their interest rates?What type of car, what do you need it for, how much do you owe, whats the interest rate?I see you work minimum wage, with school debt dont you have a degree? Either way, you need to work on increasing your income, take a second job in the mean time.EDIT: I see your edit above OP, you have a serious income problem. You need to make finding a higher payingsecond job your highest priority. You dont have access to all your debts right now, but I added everything you listed up and its sitting at 59500, which isnt too bad since two federal student loans makes up the bulk of your debt. You need to call all of your student loan providers and get on some sort of payment deferment plan ASAP. Then you need to leverage your degree into a higher paying job as of yesterday. Your numbers dont include the total of your car note, but even if it was 25000, the 11,500 of credit cards and private student loans can be paid off in less than 2 years if you find another job that is making that 70,000 you were making before. Find a new job now! 