If you have credit card debts, most of the high interest rate card, you can consolidate it to a lower rate credit card. If you can secure a lower interest rate it worth you to consolidate your credit card.

You can analyze your savings, if you can really save, make research on your fees and charges. If you miss one payment you can jump the payments. You can keep the accounts open; consolidate your credit card in one card. The open credit score means that you build the credit history, so the creditors will always know your credit score. While you consolidate your credit debt your credit score is getting lower, so all the debts will appear on just one card.

You need credit report, because it is very necessary to know how much you can afford on the credit score. You will have enough time to build up the credit score.

You can borrow from retirement or even from a family member. You may withdraw funds in order to pay off the debts. In order to pay down debt you can refinance the house or the car, you can borrow against insurance. You are able to take out a loan and even transfer the loans, but also to lower the payments over the time.

Do not forget to even ask a family member to help you to get out of debt, but also a personal loan can be considered. Make sure that you can pay back him or her.
Even now you are not sure about consolidate the credit card debt? One most important reason is that you can get better rates. If your credit counselor advices you to consolidate your debts, while you will get better rates, then there is no doubt that this is the best way.

Make a list with your credit cards and the interests. Then on another list write the new rates that you would get. Of course, if the new rate is lower than the old one, than consolidating would make sense to you. Obviously if initially you have low interest rates then there is no sense to you. Another reason, that you can ease your life. Without stress you can pay your bills. You can cut out few pays every month. Consolidate credit card can help you in getting out of debt, but it also makes possible to close out the accounts.