If you have two, three, four, five or more credit card accounts that are carrying balances, chances are that all of them have had their interest rates raised in the last few months.

If you couldn’t pay them off before, you’re not going to be able to pay them off  separately when they are all accruing higher interest. Debt consolidation will, likely, be a necessity.

So here are tips on consolidating credit card debt, either on your own, or through a non-profit credit consolidation agency. Video was produced by an agency based in San Jose, California and urges people to avoid for-profit debt consolidation agencies that only claim that they are non-profit and affiliated with the federal program.

Visit http://www.surepath.org/ for more information.

Additional helpful videos are available here.

For help in computing what interest rate you can handle, feel free to use our interest calculator at:

moneysavingcreditcardsecrets.com