TIP 1: Make sure the Debt consolidation company or Credit counseling company youíre working with is reputable. These companies are a dime a dozen all over the Internet. You can also find dozens of different such companies advertised on the television and radio.

Just because you see the ad at a popular and reputable website, or see the ad on the television, doesnít mean the company is a good one! Even rip-off companies need to advertise to draw in customers. Try to talk to someone who has used the company. Investigate them online and with the Better Business Bureau.

TIP 2: If you’re using Credit counseling or a Debt consolidation company, really look at the terms of the agreement. This is one of the tips on Credit card consolidation that can’t be stressed enough. Do the math yourself.

Even if the company is a good one, you shouldnít just take what theyíre saying as gospel. Crunch the numbers and figure out just how much youíre saving. Sometimes what you find can be surprising.

You may be about to sign an agreement that eases your burden today, but increases it tomorrow! If youíre getting a lower monthly payment, make sure that your interest rate is lower also. Otherwise your Debt will accumulate at the same rate as before while youíre paying less.

This might seem like an acceptable solution if your payments are out of control. But it will keep you in Debt longer and making payments longer. If you’re having trouble with your Debt now, think about how youíll be adding to it in the future. How likely is it that making bigger payments in the future to pay off more Debt wonít be a problem?

Most good companies avoid this situation, but you should always make sure youíre not getting in deeper just in care.

TIP 3: This is one of the tips on Credit card consolidation for the do-it-yourselfer. You didnít contact a service but instead decided to consolidate your cards yourself. Read the new card agreement carefully. If you think you might be forced to make a late payment even once, reconsider.

Doing so can send your interest rate skyrocketing and you could end up in deeper Debt than before.

TIP 4: Once you’ve consolidated your Credit cards, stop using the ones that have a zero balance. Use cash only and do your very best not to add any new Credit Debt. If you don’t do this, you’ll end up with the consolidation to pay plus new debts on other cards.
Stop using Credit cards is one of the best tips on Credit card consolidation you can get.

If you need help you may want to look at the Ultimate Debt Guide