From my experience, there is nothing worse than getting behind on your bills.  Sure, one month happens once in awhile, but when you get a number of months behind, you might find yourself in a real pickle.

Now, that is exactly what happened to me.  You see, I became really sick and ended up missing six weeks of work while I was in the hospital.  Unfortunately for me, the company that I work for does not have any type of compensation for hospital stays, so the loss of income was a big blow for me.

To make things worse, I was not at home to contact the companies that were looking to be paid, and before I knew it, I found myself in collections.

There was going to be no way for me to catch up on the bills, so I looked into bill consolidation loans as my way out of my problem.  Now, I am just about caught up, and I have learned that I should keep some savings around in case something like this happens again.