Should I consolidate debt with a loan now?

Yes!

It is a good idea.

With the debt consolidation loan, you will be able to make your interest rate lower and make a faster payment to clear your debt.

Are you facing problems with your credit card debts? If so, you can take out a balance transfer card and if you have a decent credit score, you may take out a 0% (for an introductory period) balance transfer card. By doing so, you can consolidate your multiple credit card debts and save a lot of money on interest payments too.

You can opt for professional help if you're not able to manage debts on your own. You can enroll in a consolidation or setlement pogram as per your financial condition.

Depends on the interest rate. According to Bankrate, the lowest interest rate you can get is 7%. What is your current interest rate? Is it above 7%? Can you afford to pay 7% interest on a new loan? Think carefully.