Resolved Question: debt-consolidation loans [student loans]?

My debt is as follows:
Student Loans: approximately 25k
Credit Card : 5,500
Car Loan: 8k

I am about to enter my 3rd year in my first "real job" after college- and i think its time to get ahold of my finances. I am no longer taking loans (obviously) or using my credit card.. and my each religiously monthly.

But.. ive heard about debt consolidation loans and im confused:

1. do they lower your monthly payment?
2. Do they negatively affect your credit?

If someone could explain what they are, if theyd be good for me, pros and cons etc id really appreciate it!

thanks!

Resolved Question: HELP! out of control debt, what should I do?

I am a young single girl who has racked up A LOT of personal debt in the last few years, by basically being an idiot and trying to live a lifestyle I couldn't afford. I have stopped spending on any credit card, and am living on a cash basis completely. I have a good, well paying full time job, and a part time waitressing job, and I am also a college student. I have a car payment, and personal loan, and four credit cards! (two of which I am over 90 days past due on).
I don't want to ruin my credit any more than I already have...but I don't know what to do. I don't make enough money.
Is there any way I could make extra money?
Is one of those credit score ruining consolidation programs really my only hope?
I really wanted to do this on my own...
Please Help!

Resolved Question: Debt consolidation? is it a good idea? how does it work?

im about 22,000 in debt for credit cards and student loans..i wanna get bills in order and stop all those annoying calls and only concern myself with my utilities...if u do know of any good places..please let me know of that particular company