That's where debt consolidation and other financial options come in.
Consolidate Your Debt Now Debt consolidation is combining several unsecured debts — credit cards, medical bills, personal loans, payday loans, etc. Instead of having to write checks to 5–10 creditors every month, you consolidate bills into one payment, and write one check.
You could get a home equity line of credit, a home equity loan or a second mortgage on your home, or refinance your existing mortgage.
Other options include borrowing against a whole life insurance policy and borrowing against you retirement savings.
Learn More About Consolidation Loans Bill consolidation is an option to eliminate debt by combining all your bills and paying them off with one loan.
Be aware, however, that balance transfer cards often charge a transfer fee (usually 3%), and some even have annual fees.