When Does Debt Consolidation Make Sense to Pay Off Credit Cards?

which debt to pay off first

Many Americans are no stranger to big credit card bills. When you are neck-deep in credit card debt, it can seem like there is no end. Sometimes it may feel like any option can be justified temporarily as your saving grace, but when it comes to credit card debt consolidation, it pays to take a close look at your circumstances before committing to anything. More importantly, you’ll want to answer the question, “When does debt consolidation make sense to pay off credit cards?”

Before we get too ahead of ourselves, it’s important to fully understand what you would be getting yourself into if you signed up with a company who can help you roll your debts into one.

What exactly would the plan look like? How long would it take? How much will the monthly payments be?

These questions and others should be carefully addressed . . . → Read More: When Does Debt Consolidation Make Sense to Pay Off Credit Cards?