It is important that you gather information on all the debts you have before applying for loan consolidation. Make sure you include all pertinent information on your monthly expenses and all other bills.

When it comes to your income, you must focus on the current sources of income first as opposed to anticipated or potential income channels. That being said, there is no harm in start to think about the different ways through which you can raise extra income and be able to cut down the amount of time it will take to pay off the loan you just received.