It just is not any fun having a lot of debt. It does not take long before you get tired of not having enough money each month, and the bills just do not stop. Perhaps the collection agencies are already calling. When any of this starts to happen, it is time for you to consider consolidating your debts. Here are a few options that you have available.
A New Balance Transfer Credit Card
This kind of credit card will be useful to you if your overall debt is not very large. By getting a new balance transfer credit card, you can put balances on other credit cards on to the new one. You will want to find one with an introductory offer of 0% APR interest, which means you pay no interest for the length of the introductory offer. Some of these credit card offers last up to 15 months. You will need good credit to be able to get the lowest interest rates. Be careful not to make any late payments, or you may find that your introductory offer ends immediately.
Secured Personal Loans
This kind of personal loans will enable you to consolidate your debts and get a reasonable interest rate, too. It will depend on your credit score, though. You can put all your debts...