Consilidating credit cards

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Click the "View Report" button for a detailed look at the results.Rising interest rates and mounting credit card debt may prompt many consumers to look for ways to consolidate their credit card bills.

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If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings.Anyone with minimum monthly credit card bills that exceed their available incomes may need "a temporary solution to lower their monthly payment right now," Tehan says.The credit crunch and decline in home values means fewer homeowners can tap into home equity lines of credit (HELOC) loans to consolidate credit card debt."It's very important to look and see what's going to happen after that.Chances are you will not have that credit card debt paid off after that time period." Tehan says after consumers are armed with information, they should then consider bargaining for the best deal.Please help us keep our community civil and respectful.

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