I’m looking to find a legitimate credit/debt consolidation company. I need to consolidate about $9k in unsecured debt from both credit cards and student loans. None of the payments are past due at this time.

If I have 3 or 4 different credit cards with different interest rates

Example:
A) I owe $13,000.00 @ 10.9%
B) I owe $9,000.00 @ 11.9%
C) I owe $4,500.00 @ 12.5%
D) I owe $450.00 @ 19.8%

And I may want to consolidate them in to one loan amount of $26,950.00 with an interest rate of 9.99%

Is there a formula to use? How do you calculate the savings to make the decision to consolidate or not?

We’ve owned a home for a year now and recieved a flyer from our bank about applying for a home equity loan. we want to apply so that we can possibly do a little debt consolidation (just a few thousand in student loans and credit cards) but how do you determine if/how much equity you have?

i have\ about $25,000 or more of credit card debts and i really want to pay it all but just can’t so soon as am a single working mother with two kids… my credit rating is the lowest and all my cards have gone to collection agencies and attorneys have been calling and i can’t answer i can’t pay so much at one credit card alone and i want to have one low payment…i m scared cuz i heard you could go to jail and i m worried what would happen to my two little babies? i could go on and on about how crazily worried and sick i m from thinking about this every nite… but how do i go about the process and how long does it take please give me through information since i don’t have much time to go here and there and research on my own i don’t have much time and who ever gives me the complete information on how, how long, exactly how the process works will get the best answer! plz i really need help here thnx a lot for your responses. i no itz late but i want to work this out!
just before answering my question, please read it throughly. my situation is THE WORST RITE NOW….i havent paid my bills in ages, and they have gone to collection agencies…i want to work this out with them i want to know a solution!!!! consolidate…who where when how? non-profit….etc!
WHAT HAPPENS AFTER THE CRD CARD HAS BEEN GONE TO COLLECTION AGENCIES??? HOW CAN I WORK THAT OUT?

I’m paying a lot less than the appraised value of the property, and even after consolidation, will be 30 – 40,000 under the value of the property….Jus didn’t know if lenders would allow this to happen?

National surveys shows that in average American households carry a credit card balance of approximately $10,000. Many find that it hard to reduce their debts especially credit card debts due to it high financial charge, interest rolled from month to month because most of them just pay the minimum payment each month, causing their debt snowballing and at last they may trap into financial crisis.

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I was looking at Bank of Americas debt consolidation or personal loan it says it is funded by FIA card services and their is a 3 percent fee for the transcaction so is this just another credit card?

I see tons of commercials for getting rid of your credit card debt by refinancing your mortgage/ home loan. The problem is, I don’t own a car or a house, I work part-time, and I’m a full time student. Are there companies that do debt consolidation, etc. for people like me?