My advice would be to read the book The Total Money Makeover by Dave Ramsey, listen to his radio show, read on his website www.daveramsey.com, watch his show on Fox Business at 8pm EST, join the group on here called Dave Ramsey Fans. Cut up your credit cards, sell stuff in your home that you no longer need and establish a $1000 emergency fund. Once you do these things you can start snowballing your credit card debts. That means list your debts from smallest to largest, pay the minimums on them all and pay everything extra that you can come up with on the smallest debt. Do this until the smallest debt is paid, then start on the next smallest debt, etc.
What I would NOT suggest is that you hire a debt consolidation company. Those places are scum. They take your money and can't do one more thing for you that you can't do for yourself. Read the book I suggested, check it out at the library!
at 8:22 PM on Apr. 8, 2009