You got yourself into debt, nobody’s denying that. You spent the money, you spent more than you could pay off each month, and you didn’t keep track of it all. Nobody got into debt for you. BUT once you get in, it’s like you cannot get out no matter what you do! There are high interest rates, maybe you have more than one credit card requiring minimum payments that have gone through the roof rather recently. The government is bailing them out, and yet they give you no breaks. They try to get around the regulations that are conditions of their bailout!

But there are ways to get someone to help you out. There are ways to fight back against the credit card companies. Especially right now, they would rather have part of what you owe, enough to cover the actual debt rather than all of the obscene interest, than nothing at all. They will work with you if they think that’s the only way. Because why would they want you to go bankrupt and give them nothing at all? That’s why many are now looking into credit card debt consolidation as a better option. It’s better for both parties!

But how does credit card debt consolidation work? Well, they talk to the credit card companies for you. No more harassing phone calls, no more creditors coming to your house. I’ve actually had creditors come to my house searching for someone who has never lived there as far as I know, they certainly haven’t lived there for at least 2 or 3 years in some cases. They are scary, they are intimidating, and they do it for a reason: it works. They’ve learned quite quickly that I’m someone who calls the cops. But still, for a person who is actually in debt, they will go to your neighbors, your friends, they will threaten you even if they cannot actually do it, etc. They will threaten to take away your wages, which keep in mind only one company can actually garnish your wages at any given time, and there are limits depending on how much you make. But wouldn’t we rather avoid this whole mess in the first place?

With credit card debt consolidation, they actually take a smaller payment. They are still covering what you have spent. And you are still paying some interest. After this, I would definitely recommend cutting up credit cards previously used. But they will take all of your credit card debt and combine it into one big debt. This may seem intimidating at first. But when you are paying less each month with these combined payments and paying the debt off faster, it’s not so bad.