An internet surfer will certainly be inundated with flashing banners and pushy ads promising to clear debt forever. Even turning on the TV causes a bombardment of advertisers promising you the earth if you take out a loan.
The first thing to look for when considering a debt consolidation loan is the flexibility allowed on the repayments. This will allow you to make bigger payments when you are in a position to do so and thus settle the loan earlier.
The second thing is to ensure that you take out a fixed rate loan which is the safest way to ensure that you are able to make all payments and are not surprised by rising interest rates. This will simplify your debt management process throughout the course of the loan.