http://www.thedebtconsolidationstore.com/debt-consolidation/n6.html Credit card debt consolidation is a shop-a-holic's best friend. You can even shop for credit card debt consolidation online! en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 So you've shopped till you dropped, and now your credit card debt's got the best of you. Think you're doomed to be in debt forever? Think again. There are a lot of companies out there that offer credit card debt consolidation. Credit Card Debt Consolidation Defined Do you know what credit card debt consolidation is? It's a way of getting your credit card balances and interest rates reduced and combined into one lower monthly payment at a lower interest rate. Most of the time, you can't achieve this type of debt consolidation without the help of an expert in the field of credit card debt consolidation. Why? Your creditors don't see you as credible after racking up a bunch of unmanageable credit card debt, but if you enroll in a credit card debt consolidation program, it gives you instant credibility because it shows you are serious about paying them. The Process Before you can enroll in an official credit card debt consolidation program, you have to find the right debt consolidation company. This may sound easy, but it's not like looking in the yellow pages for a locksmith or something. Some debt consolidation companies are corrupt, and you want to steer as far away from those as possible. To avoid them, you have to do your homework. A little research goes along way, and the Internet can be your best friend. An Internet search on credit card debt consolidation will yield you pages and pages of results. To get started, many of these companies have forms on their web sites that you can complete and submit to give their debt management professional an idea of your situation. Send in as many of these free applications as you can find. Within 24 hours, you'll receive tips and pieces of advice on the debt consolidation solution that financial advisors and credit counselors feel is best tailored to your needs and goals. Compare these offers. Contrast experience and expertise. There is no obligation to commit to any specific source for credit card debt consolidation, but taking the time to review the possibilities will help you decide which companies seem the most trustworthy. Once you've chosen a company to consolidate credit card debt with, they will contact your creditors to negotiate your balances and interest rates as explained above. The new balances are then combined, and you make one monthly payment to the debt consolidation company, which they distribute to your creditors. (Think of all the money you'll save in postage alone!) Because of all the reductions, you can be debt free in about five years. And that, my friend, is how credit card debt consolidation works. You're credit card debt doesn't have to come with such a hefty price tag! Next, we'll discuss online debt consolidation. Sat, 26 Jul 2008 15:00:00 EDT