Credit card debt consolidation loan have a low rate of interest, which you can avail through your bank or any other financial organization to pay off your high interest credit card debts. However, credit card debt consolidation loans have the same base even when they are provided by different lenders. Debt can happen to anyone. Don't let outstanding debts or credit card balances control your life. Debtcaretaker.com services can help you take charge of your finances and eliminate debt fast. Debt settlement is a method of eliminating debt for less than the amount actually owed to creditors. In this process, you stop paying your monthly payments to creditors and instead save some money. When you have saved at least 50% of the total, you start to negotiate with your creditors for a refund. This process is called debt arbitration or negotiation of the debt it can be a good alternative bankruptcy.