* If your credit score is satisfactory, then you can qualify for a credit card balance transfer. In this way, you can shift all your card balances to a low or no interest credit card. Search for a card that provides a small introductory rate. Introductory rates usually run from 0% to 2% and the rate stays the same for a period of 6-12 months. After transferring all your balances to the new card, you can pay them off faster since the interest rate is nominal.

* Request for a home equity loan. There are two home equity options available for homeowners. You can request for a home equity line of credit or loan and utilize the cash to pay down your cards. The second option is that you would send monthly payments to your home equity loan provider. This is a better choice for homeowners who have less than adequate credit. Since the home equity loan is backed by your home, becoming eligible is not so difficult.

* You can take out a secured debt consolidation loan. One more simple technique to consolidate your credit card debts is to request for a personal debt consolidation loan. Credit unions, banks and other financial service providers are the sources of these secured loans. In order to be approved, you would require both collateral and good credit. Collateral value should be equal to the amount of loan and might incorporate automobile title or any other important assets.

* You can talk to a debt consolidation agency. Non profit debt consolidation agencies like American Consumer Credit Counseling can assist you in paying off your credit cards and becoming debt free. They would communicate with your creditors, convince them for a reduced interest rate and set up a new payment schedule.