When faced with too many credit accounts and debts, it is natural to feel as if you are drowning as you would be receiving plenty of harassing emails and phone calls from your lenders demanding for outstanding payments! Once you are in this situation, it is imperatively important that you find a quick and effective solution to put all these trouble behind you and bring your financial situation back on track. One of the most effective methods available out there today for this problem is the debt consolidation loan, and if you are looking for a secure consolidated loan to overcome your debts, you would need to opt for a government debt consolidation loan.Government debt consolidation loans successfully consolidate all your debts under one single account so that you can eliminate all your debts in a faster and more effective way, and also manage your debts in a more structured and proper method. If you have multiple loans to pay off now, merge all of them under one loan that is endorsed by the government, and clear your debts quickly with the existence of a single account! Being endorsed by the government, there are plenty of advantages offered by this service, for instance:1) Government-endorsed debt consolidation loans help your eliminate debts in a more secure way, as it is backed by the government, and you could not get more security than from the government itself!2) These loans are supported by the government, and are more people-friendly, thus they tend to offer lower interest rates compared to other unsecured debt merging loans out there that offer higher interest rates as they are basically business entities that are looking to make money as well3) These loans are offered to students as well who recently get out of college to help them consolidate their many loans such as student loans, credit card loans as well as medical bills that are accumulated during their study duration4) There are a variety of loans to choose from with regards to needs and requirements, for instance the Direct Consolidation Loan Program and the Federal Family Education Loan ProgramNevertheless these loans also come with a few disadvantages, for instance:1) the application process for the this service could be lengthy and longer compared to when you apply for unsecured debt consolidation loans that could be approved almost immediately2) there are scams out there that offer grants or loans under the name of the government, do not fall for them, instead check with the Better Business Bureau to ensure that the offer that you opt for is one that is endorsed by the government3) your credit scores would affected slightly when you close too many credit accounts at the same timeMake use of these top debt consolidation loans offered and backed by the government today to ensure that you get rid of your debts in a faster, more effective way!