Credit cards and debt are definitely linked together. The efficiency in which a consumer can use his or her credit card has led to increase in "unnecessary" spending. Money through credit card is easily spent but unfortunately the debt that results from using it it may linger in our lives for quite a while. If this happens to you and you already have a history of missed payments it will be hard for you to apply for an important loan without cosigners.
Debt consolidation can actually help you achieve a debt-free life. Here are some of the benefits of debt consolidation.

1. Debt counselors can actually help you lower down some interests and reduce penalties so you can have a more lower debt to pay than you previously have.

2. All your debts from different credit card companies are consolidated which means you only have one monthly payment to make each month. You'll definitely be able to budget your finances more with this system and will only have one goal to keep track off.

3. Debt counselors can help you get rid of embarrassing and harassing experiences from collection agencies because they know the low and can negotiate with them on your behalf.

Don't worry if you have made foolish choices in the past because you can still make it right. Don't hesitate to seek for professional help if it will make your life easier in the end.