Taking a new loan to pay off the old ones is never considered a good option unless you have no other way to ease out of the debt trap. Moreover, you will have to ensure and promise yourself that you will not overspend and remember to pay all loan amounts to ease of the debts. Consolidation of debts is a good idea if you seriously want to repay and are looking for a good plan that can help you in some way.
Maybank offers the best debt consolidation plan and details about it can be taken from the bank representatives. You can use the plan to pay off your debts and be clear of any loans.