Consilidating credit card debt

Weeks holds a bachelor of science degree in business administration, management information systems from Salem State University. 'Credit Wise' archive All options will do what you want in terms of paying only one monthly bill, assuming you do not use the cards for future purchases.

And yes, I do believe it can be a good idea as long as you do your homework and choose the option that will work best for you.

However, consolidation is not a foolproof solution.

When it’s not done correctly, it can actually lead to more financial trouble than what you had when you started.

This will allow you to make one payment and sometimes will result in lower payments.

Many zero-percent or low-interest credit card offers only last for a limited amount of time.

If you’re thinking of consolidating credit card debt and you need an expert opinion to make sure it’s the right choice for you, we can help.

Again, be careful to check the interest rate and terms and conditions to make sure you won’t be adding to your debt, or paying it back over a much longer period of time.

If you take out a loan, always repay the credit card debt and destroy the card so that you're not tempted into using it again.

With more than 20 years experience in the nonprofit credit counseling industry, Kevin Weeks joined the Financial Counseling Association of America (, @Trust FCAA) as its president Dec. Weeks has extensive knowledge of both the credit counseling industry and the FCAA organization, having served in leadership positions for three of its member agencies and on the FCAA board of directors.

In addition, Weeks is working with FCAA members to help develop a long-term solution to the student loan crisis through the website

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