Ask A Lawyer

Tell Us Your Case Information for Fastest Lawyer Match!

Please include all relevant details from your case including where, when, and who it involoves.
Case details that can effectively describe the legal situation while also staying concise generally receive the best responses from lawyers.

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Email, Phone, Text Messages, Terms of Use, and Privacy Policy. Information provided may not be privileged or confidential.

Debt Consolidation for Credit Cards

by Gregory Mark Fitzgerald on Mar. 23, 2016

Bankruptcy & Debt Credit & Debt Bankruptcy & Debt  Collection 

Summary: This article points out the ups and downs of credit card consolidation

Hopefully, you read our prior blog titled “Debt Consolidation for Homeowners.” If you have several credit cards that you have not been able to pay in full, you may want to consider consolidating them. Because there are so many credit card issuers out there, your card issuer may be willing to work with you to keep you as a customer.

If you call and ask a customer service representative for a better deal, be sure to ask if they are offering a special rate on any new balances that are transferred to their card. You should also ask if they offer a reduced interest rate for new purchases and if they will waive their annual fee. It never hurts to ask – all they can do is say no, and you haven’t lost anything.

Using your credit card to consolidate your debt is fairly simple. It requires a few telephone calls. Additionally, you don’t have anything to lose by exploring this option. In fact, you could end up saving yourself a substantial amount of money over time.

The downside to credit card consolidation is that you must have a decent payment record for it to work. Your lender will look to see your history before the transfer will be approved. You may also want to consider applying for a low-interest rate credit card instead of consolidating your debt. Although this process is more of a hassle, it could work better for you.

It is important that you do not apply for numerous credit cards at one time because this can damage your credit score. You should also make sure you understand how the credit card’s interest rate works. Many times a low introductory rate is offered, but it is only applicable for a limited amount of time.

Take the first step to resolving your debt problems today by contacting us for a FREE initial consultation. The attorneys at Fitzgerald Campbell represent debtors all over the State of California in debt settlement, collections harassment and credit card lawsuits.  If you have a matter relating to a debt you owe, contact us today by calling 855-709-5788 for a consultation.

Legal Articles Additional Disclaimer is not a law firm and does not offer legal advice. Content posted on is the sole responsibility of the person from whom such content originated and is not reviewed or commented on by The application of law to any set of facts is a highly specialized skill, practiced by lawyers and often dependent on jurisdiction. Content on the site of a legal nature may or may not be accurate for a particular state or jurisdiction and may largely depend on specific circumstances surrounding individual cases, which may or may not be consistent with your circumstances or may no longer be up-to-date to the extent that laws have changed since posting. Legal articles therefore are for review as general research and for use in helping to gauge a lawyer's expertise on a matter. If you are seeking specific legal advice, recommends that you contact a lawyer to review your specific issues. See's full Terms of Use for more information.