is it better to pay off your credit cards with a debt consolidation or just pay it off yourself?

August 1, 2010

in Debt Consolidation Credit Cards

Question by tinkerbell_730: is it better to pay off your credit cards with a debt consolidation or just pay it off yourself?
especially if you dont’ have the money to pay off the monthly balance? i have ,000 worth of credit card debt and not sure if it was a good idea to get a debt consolidation loan to pay 3 of ‘em.

Best answer:

Answer by golferwhoworks
as long as it is a fixed rate heck yes as you have a begining and an end. when you look at revolving cards very little goes to the principal

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