subject: Credit Card Consolidation Debt Help [print this page] After you have consolidated, cut up your old cards! Do not fool yourself by thinking that you would need them in an emergency. You will probably dig yourself into another hole. Trash these useless high interest cards and start a new low-interest financial life! Consolidation may however not be sufficient to get you out of credit card debt. You may still need to scale down your lifestyle in order to make a significant dent in debt. Be ready for it.
