Comments on: Do credit card consolidation really work? http://creditcardh.com/do-credit-card-consolidation-really-work/ All about credit card, credit cards for people with bad credit and credit card offers Thu, 29 Jul 2010 00:42:06 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: MadMan http://creditcardh.com/do-credit-card-consolidation-really-work/comment-page-1/#comment-82 MadMan Tue, 10 Nov 2009 20:47:45 +0000 http://creditcardh.com/do-credit-card-consolidation-really-work/#comment-82 All that I have heard is that they do not work. And some of them just stop payments to the card companies, trash your credit and then settle for a reduced amount. The better thing to do is, once you have paid the minimum on each card, pay the maximum that you can towards the card with the highest interest rate. Once this is gone, pay down the card with the next highest interest rate and so on. In addition, do not use credit cards again. This is really the best way to deal with your debt. Good luck. All that I have heard is that they do not work. And some of them just stop payments to the card companies, trash your credit and then settle for a reduced amount. The better thing to do is, once you have paid the minimum on each card, pay the maximum that you can towards the card with the highest interest rate. Once this is gone, pay down the card with the next highest interest rate and so on. In addition, do not use credit cards again. This is really the best way to deal with your debt.

Good luck.

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