Debt consolidation essentially refers to taking out a new loan to pay off a number of liabilities and consumer debts, generally unsecured ones. In effect, multiple debts are combined into a single, larger piece of debt, usually with more favorable pay-off terms: a lower interest rate, lower monthly payment or both. When it comes to securing a debt consolidation loan in San Diego and San Jose, Fidelity First Funding is the reliable name that comes to minds of many. Apart from these places, they also serve people in communities like Sacramento, Arcadia, Ventura. And other communities throughout the state of California.