The amount of your monthly payment will depend on the total amount, interest rate, and payment terms of your consolidation loan.

There are thousands of companies that claim they can help you consolidate or manage your credit card debt so that you pay less or reduce your payment.

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Reducing your interest rate allows you to lower your monthly payment and pay off your debts sooner.

As a result, if you can’t lower your interest rates by consolidating your credit card debt, then it is probably not worth the extra cost and fees you will have to incur to do it.

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Even if the consolidation reduces your monthly payment, you still have to pay off all of your debt.

So if you don’t have regular income or can’t afford your monthly payment, consolidating your credit card debt will not help you get back on track.

While it may be nice to have a more manageable monthly payment, it also means paying more interest over the life of the loan.

Review the terms of your consolidation carefully before deciding that it is the right choice for you.

Doing so can potentially save hundreds or even thousands of dollars, and can help you pay down your card loans quicker.