Pay cash. For some reason, it's harder for people psychologically to part with their cash than it is to swipe a card. Maybe it's the act of physically seeing the money change hands, or maybe it's because you don't want to break a $20 for a $2 cup of coffee.
Jean ChatzkyYou must be sure - and I mean absolutely positive - that you have the willpower to pay off those credit cards and not use them again.
Jean ChatzkyNo company can promise an end date, but if you have multiple debts, the first one should be settled within a year.
Jean ChatzkyIf you are, consolidating at a lower interest rate can help you pay off your debt faster. But if there's even a small chance that you'll spiral back into debt, it's not for you.
Jean Chatzky