I have heard that this is not a good thing, or that lenders do not like to see this. I am sure it does not impact my score though. Someone please set the record straight.

My husband and I want to pay off some credit card debt; which is the better option?

I have over $88K in credit cards. I went to debt consolidation program and my FICO score went high. My only problem, payment based on 5 years so my monthly payment so high. Do anyone know if someone can do debt conolidation but payments will be for 10 years? I don’t have any equity in my home to refinance

$40,000 in debt with 4 credit cards, I have great credit and pay on time. Recently cc’s raised interest from 7.9 to 23% because they said too, much debt ratio. If I use consolidation will that affect credit and do they charge and are they just doing what I could do (like search for other credit cards with lower rates?)

Where can you get debt consolidation at banks for prople that have not so good credit.

I checked out the loan and the interest is not too bad giving that this is a second mortgage that gives money for repairs and pay offs. The only thing I see is that it eats up all the equity and we will need to live in our home for at least 15 years before trying to sell…so that alone is the biggest decision. I am just wondering if there is anything else I should be looking for???

My ex has the house. The only collaterol I have is some IRA’s that have double the value as my debt.
What alternatives are out there? What do you suggest?
I have great credit, pay on time, not behind. I am wanting to get a home within a year, but will not be able with such a large debt. This monkey on my back is stifiling.
Thank you ahead of time for your suggestions!
081707 10:07

i want to consolidate my credit card debt with the hopes of averaging out a lower apr. negative effects of consolidation loan on credit?