A large number of Americans use credit cards for everyday expenses and this is one the reasons why they are in debt. The tension created by the debts is causing a lot of problems in people’s lives. This situation also has an impact on their health. For some people, the situation is so bad that they are almost losing their homes. Obama and his administration has come up with a plan to help those who are not able to make debt payments. If you are one of those people who are lucky enough to qualify for the funding, you can start to pay your debts and reduce your financial stress.The process is easy because there are online agents to offer guidance to applicants. Applicants are advised depending on their financial situation. It is easy to contact an agent with a simple click and they will offer different solutions to help you deal with your creditors. In most cases, the agents advise you to pay the debts that have accumulated by consolidating them into a single loan. This makes it easy for you because you will only have a single payment each month. You can work closely with the agents to select the best option for you. In most cases, you will have to pay the entire balance but it is also possible to negotiate for a lower amount.This Direct Loan Consolidation plan is one of the programs the government has initiated to help people who are in debt. The program will pay your creditors and also arrange for you to have a single payment but the interest rate will be lower. This makes it easy for people to pay off their loans because of the lower rates and payments. It is a relief to people who are having a difficult time trying to get out of debt.