Credit Advice

You might look to look into LendingClub.com or Prosper.com (which is listed here), assuming you don't have that many other options for less expensive financing.

If you have a job and a decent credit score join a credit union. Some CU's offer personal loans to pay off your credit card debt. Instead of worrying about multiple payments with different interest rates you will have one loan with a low interest rate (~6.99%) to worry about.

You can opt for debt settlement to deal with your debt. I would suggest doing it yourself instead of going to a debt settlement company to avoid fees and the potential hassle of involving another party in your personal finances.

With debt settlement, you can call the customer service center of your issuer and try and negotiate to settle your debt for less than the original balance, a portion agreed on by your issuer and yourself. Issuer will only work with consumers who are behind on their payments but still capable of making a large lump sum up front. However, keep in mind that since you are doing it yourself, you will need to have enough funds to pay the settlement amount in full, whereas with a debt settlement company you would be able to do a payment program.

Also, debt settlement will damage your credit score because it will be listed that you settled the amount, your credit score won't take a hit if you can obtain a “Paid in full” letter from your issuer which will list the debt on your credit report as “Paid in full.” That may actually raise your score, because it’ll show that you paid off your debt and freed up credit.

Credit Karma has more info on it if you’re interested: http://blog.creditkarma.com/personal-finance/debt-consolidation-vs-debt-settlement-the-right-debt-relief-plan-for-you/

Good luck!