Debt consolidation is a way of increasing your monthly cash flow by combining all your high interest payments into a low interest and easily manageable home equity loan. The process is explained in the example.Lets look at this example:Your credit card loan is $15000 at 18% interestYour car loan is $18,000 at 10% interestYour student loan $21,000 at 8% interestYou plan on paying all these off in five years. Assuming interest rates don't change:You make a monthly payment of principal of $250 and .