With so much financial uncertainty surrounding our current economic situation, it’s especially important to be smart about your finances and to save whenever possible. If you have a significant amount of credit card debt or student loans, then consolidating your financial obligations is a great way towards creating a debt free future for yourself.One such available program is the use of government debt consolidation loans which surprisingly, not many people take advantage of. The benefits of doing so typically result in decreased monthly payments, lower interest rates, and sometimes even decreased total amount of the loan.Rather than going through traditional lending institutions or banks, government debt consolidation loans are sponsored through a number of government programs. For students struggling to pay off their student loans, there are problems available that can help them better manage their debt and even consolidate them together.What most people don’t realize is that most lending institutions will charge a fee for their services whereas most government debt consolidation loans will not. In addition, most private institutions will also require some type of collateral such as a home whereas governmental programs will not.Be sure to schedule a free consultation to get a better objective view of your finances and what you can do to get back on the right track. The good part about going through these programs is that they will negotiate with your creditors on your behalf to consolidate your debt and make all the necessary arrangements.Even if you are not a student, there are still governmental aid problems available and in fact, literally billions of dollars a year go unclaimed. Most people don’t realize that the government does not want you to default on your loans as it can have a dire affect on the economy on a wide scale.If you are finding yourself struggling with financial uncertainty, then you owe it to yourself to get more information about these problems. Going through private institutions can be a nightmare but fortunately, there are no strings attached with most governmental programs.