[pwd72s]

consolidation loans at a fixed rate are usually the beginning of the end. Why? Because you are exchanging short term debt for long term debt. Short term debt is usually built up when buying non durable goods...goods that will NOT last the lengthy time of the long term debt taken on to pay for them. Frankly, it seems to me you need to figure out a way to generate extra income to get out from under. If this means a 2nd job, so be it. Once debt free, try to remember the lessons learned...Credit card debt is an insidious trap that many fall into, but there IS the possibility of escape. Go to consumer credit counseling..these are good people who have helped many who were once in the same boat as you. (edit) The reason I suggested consumer credit counseling is that they do have clout in negotiating interest rates. Some companies will reduce rates when faced with the possibility of getting nothing. How'd I learn all this? A guy who has never paid a dime of credit card interest? My daughter's first hubby was a spendthrift. Since she was the one with the highest salary, under California divorce law, she not only had her own debt to work out of, she had her ex hubby's debt as well. Life was pretty miserable for her for quite some time, but she managed to escape without filing for bankruptcy...she still hasn't learned good money management, but at least she learned her lesson on credit card debt...