Consolidate Credit: Cards

Risk. You are turning unsecured debt (credit cards) into secured debt (your house). If you can’t pay, your home is on the line. Is It Right for You? Consolidation is a tool , not a cure . It works best if:

Origination fees and the temptation to run up the credit cards again once they’re at zero. 3. Home Equity Loans or HELOCs consolidate credit cards

Taming the Plastic: A No-Nonsense Guide to Credit Card Consolidation consolidate credit cards

Many banks offer "teaser" rates for new customers. You move your high-interest balances to a new card that charges for a set period (usually 12–21 months). consolidate credit cards

People with good credit who can pay off the debt quickly.