Are there banks that consolidate your credit card debt so you can make just one payment a month?

Hi,
I am student and am getting nervous about my credit card debt (,000). It is such a hassle to pay on each card each month. I want to consolidate all the debt and make one payment each month and start paying them off. It's difficult bc I am student and do not have an income. I have school loans I use while in law school. Any suggestions?

Should I take out a loan to reduce credit card debt? I have about 10K in credit card debt. I have...

Thu, Mar 5, 2009

Credit Card Debt Consolidation

Banks, Consolidate Debt, Credit Card Debt, Credit Debt, Hassle, Law School, School Loans

Tags: Banks, Consolidate Debt, Credit Card Debt, Credit Debt, Hassle, Law School, School Loans

2 Responses to “Are there banks that consolidate your credit card debt so you can make just one payment a month?”

meme1 Says:
March 5th, 2009 at 3:31 pm

Most will let you get a consolidation loan. Have you tried getting a student loan and using that instead of a bank loan. This way you will not have to repay it until you graduate. Good luck!

Texas Says:
March 5th, 2009 at 3:31 pm

Most banks will let you get a Consolidation Loan if your credit is good. But then you really have to be good and not spend on your cards again because then you'll have a loan AND your card payments. – $5K is a small amount, you should be able to get a loan easy. Just find one with low rate to keep it all under control and within your budget.