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Old 11-27-2008, 12:48 AM
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Default credit card debt consolidation

I have 7 credit cards with about $30,000 worth of debt on them. I realize that there is no way that I can pay them all off and so I am considering credit card consolidation. My question is, is it better to use a company to do this or is it better for me to try and do this on my own? Do the credit card consolidation companies, due to their experience, have a better chance of getting a better deal? Do they have inside contacts to get better deals than I can? If not, why would I choose one over doing it myself?
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