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When are credit card debt consolidation loans effective before getting into more debt troubles?

Peter - 2009-11-12 04:37:23 - Credit

What is the perfect condition to consolidate credit card debts or bills. I basically wanted to avoid the quicksand situation. So looking for advice on when to go for consolidation. I have got a resource for consolidation but waiting for the right time to consolidate. http://www.loansstore.com/bill-consolidation/ Hey this is not a spam....i m confused about the time when i should go for consolidation.

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Are you actually asking a serious question or is this spam? A debt consolidation loan would be effective if total cost including any fees and interest is lower than interest rate/fees on current debt, and you can afford to make the payments.