There are several considerations to make before deciding to proceed with a debt consolidation company. As with any large decision, it’s helpful to have an understanding of the pros and cons associated. Here at Review Counsel, we broke down the biggest pros and cons associated with debt consolidation. Our intent is to present an objective set of guidance on how the product works and what you need to look out for. Debt consolidation and debt settlement can be a tremendous asset for consumers with multiple high-interest debts.