Beside debt consolidation plan, have you heard of "freeze interest" and "consolidation under one bill" under the government scheme?

It's likely done by the Credit Counselling Singapore if I am not wrong.

But freeze interest is seldom heard of because the bank still needs to earn interest revenue.

For consolidation under one bill, it is negotiated with 1 creditor which takes up all the debt but earns the interest from the big debt that was consolidated.