Credit consolidation consists of a person taking out loans in order to pay off other loans. In the process it lowers interest rates making it easier for the person to pay off all debts.
Credit card consolidation consolidates all of ones debt. Credit consolidation makes it easier to pay off ones credit card debt with a lower interest rate than most credit card companies.
If you have good credit, contact your bank and see about a debt consolidation loan. If not, seek out Consumer Credit Counselling Service (CCCS).
There are a few places one can look for information on consolidation loans for those with a bad credit rating. One can find information from the websites 'Bad Credit Consolidation Loans' and 'Debt Consolidation Loans'.
Careone credit, Debt consolidation care, Consumer Credit and Debt Consolidation Services, Curadebt, Debt Options, and Net Debt all have three star ratings or higher for credit card payment consolidation. I would recommend any of their hotlines over competitors.
Yes, credit card consolidation will affect your credit score. It will show on your credit report for at least five years, it doesn't hurt as bad as bankruptcy however.
Getting debt consolidation loans with bad credit is possible, but extremely difficult. One would have to find multiple offerings for debt consolidation loans and see which of them offer them to people with bad credit.
A Christian can get a credit card consolidation loan at Prosper's online website. They offer many low rate debt consolidation loans with a fixed interest rate.
A consumer credit consolidation counselor is usually a nonprofit counselor for debt consolidation. Those who are paid typically charge astronomical rates to the consumer.
You can get consolidation credit counseling online at the ConsolidatedCredit Organization website. Alternatively, you can also get this type of counseling from websites such as ConsumerCredit.
There are several places you can go for help in managing consumer credit consolidation. Your local bank or credit union would both definitely be able to help you with this.
One can find non-profit credit card consolidation by visiting the Consumer Credit Website, a company that specialize professionally in credit and debt counseling.
One can get free credit consolidation in many different places. Some companies that offer it are National Foundation for Credit Counseling and American Consumer Counseling.