Debt consolidation is a form of debt relief used primarily on high interest credit card debt. You get a loan that covers all of the credit debt you would like to consolidate, and then pay off the debt using that loan.
Consolidation is a huge help because it turns several bills into one payment.

Refinancing existing loans is another form of debt relief. The idea is very simple. When you bought your car, you financed 15,000 pounds for five years. Two years later, the car is still in great shape and you have paid approximately 5,000 pounds off the note.