Too many credit cards with high interest and high balance

Welcome to the forums Marv. Since you have registered a debt counselor will be in contact with you soon. Hopefully they can come up with a plan thats right for you. They deal with debt issues on a dailey basis. Best Wishes KYSIDE38

You came to the right place Marv. And good for you for realizing that you are in a difficult financial spot and are trying to rectify the situation before it becomes completely unmanageable. Welcome and please come back often!

Thank you kyside and lorri. I look forward to hearing from a counselor. I've been doing well with some of my cc that have low balances ($2k), but with one of them being $8000 and an interest of 29% I can't seem to get myself out of the hole. I managed to payoff and close 2 other credit cards that were low balance so I am proud of myself. I just need to fix this one big cc and a couple of more cc.

Welcome to the Community :D Here is a link, not only on consolidation, but other ways to solve your debt. It's at http://www.debtconsolidationcare.com/debt-solution.html Congrats on your progress you have made already!.If you have any questions, please ask!..KAren

Hi Bossy, thanks for the link. I will read it carefully.

I just recalculated my debt and it actually is lower than what I first thought. I'm at around $11,500. Like I said earlier, it's the cc with the high balance and high interest that's keeping me in the hole. Arrrgghhhh!

You'll pay the cc debts at a lower interest rate in this plan. If so, how long have you been in default? A counselor will get the interest rate lowered to 15 percent to 20 percent if you haven't been delinquent since a long period.