If you have bad credit and have multiple outstanding debts, you may have heard of debt consolidation, where you combine all your loans into one loan. You should know that you can get debt consolidation loans with bad credit. There are many companies out there that will be able to help you. Today, the Internet has opened many opportunities for debt consolidation for individuals with bad credit. With a simple search online, you can find many companies that will be willing to consolidate your debt. However, before you consolidate your debts, make sure that you understand all the terms and conditions of consolidation before you do so.