You can get your free annual credit report from each of the three major credit reporting agencies — Trans Union, Equifax and Experian.
And, Credit.com’s free credit report summary can help you understand what’s inside your credit report. There are several safe and smart ways to consolidate credit card debt, so you’ll want to research them before deciding what’s best for you.
It’s also a good idea to stay clear of websites and lenders that charge you big upfront fees for a debt consolidation loan.
With a debt management plan, you make one monthly payment to a credit counseling agency and the agency pays each of your credit card lenders.
Promotional interest rates expire — like 12 months of a 0% APR on a balance transfer card — so make sure you can repay your debt within that time frame, otherwise you may not be saving any money at all.