Does it make sense to consolidate my credit card debt?

December 7th, 2008

I am trying to find some ways to save some money and pay off all the money we have been putting on our credit cards. I really hate owing so much money, especially when I have to pay such high interest! I am trying to figure out whether or not credit card debt consolidation would make sense for us. We have some money on cards with high interest rates, but at least my main card and my husband’s new card have pretty low rates for credit cards. What kind of interest rates do they give you when you consolidate, and does this hurt your credit?

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Entry Filed under: Business

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