If you are receiving unsolicited phone calls from an entity pretending to be ACCC (a trusted non-profit credit counseling agency), please be assured that ACCC’s policy is NEVER to contact you unless you’ve explicitly requested us to call you. Also be cautious of emails from an unusual or unfamiliar domain. ACCC’s domain extension is @consumercredit.com, and any emails using a different extension should be treated with suspicion.


ACCC’s Client Login allows current clients to access their program information, including the due date, program benefits, and other documents.

Select a Client Login below based on the service that you are currently enrolled in:

Debt Management Program

Client Login

Not yet a client, but looking to get started?

ACCC offers debt relief options to individuals and families that are suffering from stress related to credit card debt by providing effective credit counseling, helping to consolidate debt, and advising on debt management.

Get Started


You are now leaving the Consumer Credit website and are going to a website that is not operated by ACCC. We are not responsible for the content or availability of linked sites.

Are you sure you want to leave?

No, return me to the previous page.


Why Debt Consolidation Is A Bad Idea

If you are facing a lot of debt, you may be curious about debt consolidation options. However, there are many advantages and disadvantages to debt consolidation, and it’s not the right choice for everyone. Let’s see why debt consolidation is a bad idea for some consumers and their debts.

Here's why debt consolidation might not be ideal for debt help.

Here’s why debt consolidation might not be ideal for debt help.

Reasons Why Debt Consolidation Is a Bad Idea

Depending on a few factors, debt consolidation may or may not be the right debt management plan for you. Everyone’s financial profile looks different; this includes types of debt, your financial management strengths, amounts of debt, and other needs. Here are the reasons why debt consolidation is a bad idea for certain people.

You Have Federal Student Loans that Qualify for Loan Forgiveness

Owing Federal student loans is one scenario where consolidation might be a bad choice. There are some benefits of these loans that disappear when they are consolidated. The Public Service Loan Forgiveness program is one such option that you may want to consider before changing your loans. If you intend to work full-time in the non-profit sector, teach, or some medical professions, you may qualify.

Your Credit Won’t Qualify You for Good Interest Rates

Are you considering personal debt consolidation with a private lender? If your credit score isn’t great, you won’t like the loan products they offer to you. Most likely, you will have to pay a high, variable interest rate if you consolidate privately with bad credit. Take time to bring your credit score up before springing into action.

Interest Will Jump Up Higher

Typically, consolidation is the weighted average of your interest rates. However, tackling a high-interest loan first may make more financial sense with the Debt Avalanche method. It may be more beneficial to keep your loans separate and employ a different repayment method.


Finally, it’s best to talk through your finances with a trained financial advisor. Since everyone’s story is different, it’s important to do your own research. Remember that while debt consolidation isn’t the best choice for everyone, it can be a very helpful tool for others.

If you’re struggling to pay off debt, ACCC can help. Schedule a free credit counseling session with us today.



Michelle is a regular contributor to Talking Cents. She has taken several financial courses on debt management and is ready to circulate what she has learned from them as well as lessons from her own life- family to DIY projects to student loan debt.

View all author posts →


Your Ultimate Money Management App

Meet CreditU, the ultimate one-stop debt and financial management app! See your full financial overview, including debts, income, expenses, and savings.

CreditU Apple App Store
Dev Tool:

Request: blog/why-debt-consolidation-is-a-bad-idea
Matched Rewrite Rule: blog/([^/]+)/?$
Matched Rewrite Query: post_type=post&name=why-debt-consolidation-is-a-bad-idea
Loaded Template: single.php