Posted on September 22, 2008 at 4:52 pm How easy is it to consolidate your debt?  Is it something that you can do on your own?  Perhaps getting 1 big loan and paying off all the smaller credit cards and such?Would you work with a company to help you? If so which one?

Posted on November 1, 2008 at 11:58 am I researched quite a bit on this because I too wanted to get rid of my consumer and home debt.  Honestly the best thing I've found and has worked awesome for me is my friend Cindy. 

Posted on November 1, 2008 at 11:50 pm Please keep in mind that these companies adversely effect your credit score!  If you have been making payments on time, and your credit is intact right now I'd consider a balance transfer request instead. (call up the CC companies and try to work out a better deal than advertised!!!)Also, if you have a long relationship with one of your credit card companies and have always made your payments you should see if they will take on more of your debt!  An example:  You have a $500, $500, $1000, $2500 credit card debt.  Call up one of them and see if they would increase your limit and do a balance transfer to cover all debts ($4500).  They will more than likely do this if you have a history.  If you've been a dependable customer, why would they want you paying someone else money?

Posted on November 18, 2008 at 1:04 pm It is possible to consolidate your debt on your own however their are many industry terms and provisions that make it quite difficult for an average consumer to consolidate debt themselves. My advice to you would be to consult with a Professional LAW firm and learn about your options. Obviously these firms will charge you fee's however their knowledge of the industry and the law may end up saving you more money in the end. They know the little tricks of the trade to get you the lowest interest rates and payments.

Posted on January 16, 2009 at 6:29 pm HelpMePayOffMyDebt mentioned balance transfers as an answer.  I am not discrediting balance transfer as an answer.  I would advise any who does a balance transfer to know how much the interest rate will be on the transfer.  In addition some companies charge a hefty fee to do a transfer.  Some companys will say they are charging you zero percent interest.  Zero percent interest doesn't mean Zero perecent interest forever.  What is easier to pay 2 balances of $500 at 15 percent, $1000 at 12 percent and $2500 at 14 percent or $4500 at 22 percent?