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sistahvegan86

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how can I consolidate my credit card debt
pay one bill towards all of my credit cards

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One way to consolidate your debt into one monthly payment is to take out a debt consolidation loan through a bank or credit counseling company. Often, this can lower your overall interest rate. Another idea is to transfer all of your credit card balances to one credit card - if you have a large enough spending limit. You could also take out a new credit card that offers 0% balance transfers and do the same thing. However, keep in mind that there is usually a fee charged on balance transfers, typically 3% to 5% of the total amount. You could also take out a home equity line of credit (HELOC) for the amount that you owe. This would allow you to pay off all your credit cards and then make the monthly payment on your HELOC. Just keep in mind that the ownership of your home could be put in jeopardy if you fail to keep up with the monthly payments.

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