If you have many bills and are constantly being stressed out not knowing how much you owe or if you are going to pay on time then debt consolidation is something that could work for you. Before you consider getting an unsecured credit card debt consolidation loan here are a few disadvantages you should know about.First because the loan is unsecured, in many cases the amount the credit card company is willing to loan will be a lot lower than it would be with a secured loan with collateral. The loan amount could increase over time with consistent payments but be aware that with an unsecured loan the amount they are willing to lend you could be a lot less than you are looking for.Second, there is more risk with an unsecured loan because all it is, is a promise to pay. These loans accompany higher interest rates because they are riskier than secured loans. Also, in some cases if your credit score is mediocre you won’t even be able to get an unsecured loan.Third, although you are attempting to do the right thing by consolidating your debt and get back to a level playing field there will be a credit card company with information about you. Be prepared for many, many more letters and phone calls from telemarketers offering you services. It just goes hand and hand with dealing with them. You can look on the bright side though, once you get a loan to consolidate your debt the other debt collectors will not be calling you harassing you for their money. You only have to worry about the one lump payment.Your bank will likely recommend you to a particular credit card company for you to work with. My advice is to get free quotes from all of the major providers and see who gives you the best deal. If a deal sounds too good to be true, it probably is. A good rule of thumb is to stick with the providers you know about and have been around for a long time.Your bills can be consolidated into one very manageable payment each month with debt consolidation. An unsecured loan may not give you the best interest rates but with this type of loan you do not have to sign over any of your personal assets such as your house in order to get a loan. Your home will never be at risk from a consolidation loan with an unsecured loan.