How do I consolidate credit card debt without hurting my credit?

One of the most common ways of consolidating your credit card debt is when you qualify for a loan that has a larger credit limit with a lower interest rate.

What happens next?

You take your higher interest rate credit cards or loans, with a smaller amount, and then you transfer them to your new qualified loan or credit card that has a larger amount with a smaller interest rate.

Typically what happens is your payment then becomes less and then you actually have these other credit cards now with a zero balance.

When you consolidate your loans that could result in a lower monthly payment and it may take a slight dip on your credit score but that should be easy to get back up.

The danger lies in when you have these open small balanced credit cards or loans with a high-interest rate.

Now what could happen is if you’re not changing your habits those credit cards or loans now could be used and then you can over extend yourself.

This commonly happens and that could ultimately lead to financial hardship.

If you are in financial hardship and would like more information about debt relief or debt settlement, visit us on our website at

How Debt Relief and Debt Settlement Work?

Debt Relief and Debt Settlement is a negotiated agreement by which a creditor accepts less than the total amount owed to legally satisfy a debt.

Settlement programs typically last 24-48 months and are highly dependent on factors such as delinquency, creditor policies, the number of accounts, and the total dollar amount of the debt.

Debt settlement services have existed in some form since the advent of debt itself.

The modern industry has seen significant growth in the 21st century, largely due to the easing of lending requirements by financial institutions.

In addition, today’s borrowers are taking on significantly more debt than their parents had at a similar stage in life and are subsequently paying off that debt at a slower rate.


These large debt loads and slower payoffs, coupled with today’s high-interest rates, mean that without intervention many borrowers could be paying off these loans for decades.

While there are a multitude of interwoven causes for these trends, industry experts point to increased access to larger amounts of credit coupled with a reduction in the social stigma of being in debt.

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Schedule Your Free Debt Analysis

Potential clients speak with a certified debt specialist regarding their financial situation.

The debt specialist evaluates the caller’s financial situation and suggests the optimal debt relief strategy.

Clients choosing to enroll in our debt relief program are then guided through the enrollment process.

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Enroll into Our Debt Relief Program

Signed enrollment documents are processed and the new client receives a call from our team of dedicated account managers to welcome them to the program.

Account managers are available 24/7 and remain in active communication with clients throughout the program.

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Negotiations & Settlement

Our talented negotiations team begins working on client accounts immediately.

When settlement offers are received they are first reviewed for accuracy and then presented to clients for approval.

This process repeats until all client accounts have been settled.

Debts Resolved!

Your debts will be resolved in a few short years or even months so you can have a new beginning financially.