Does debt consolidation make the most sense for me to (eventually) pay off my CC debt?
I was dumb when I was younger (and still drinking) and racked up around $17k in credit card debt between Discover ($13k), Best Buy ($3k), and Capitol One ($1k) cards. All of those cards are between 25-30% apr
I make roughly $62k/yr before taxes/deduction
Current credit score is ~710 (no missed payments ever over 10yr credit history)
I have a ~$20k car loan (at a very manageable 7% due to mom co-signing)
No student loan or medical debt.
I can make the payments on what I have every month (with a little extra added, but rarely more than $50), I just can't make much headway on the overall debt because the interest is killing me. Would it make sense to roll all of that debt into a 4 or 5 year debt consolidation loan (assuming I can get considerably lower interest rates) since I'm able to keep my hands off the credit cards now?