Managing multiple debts can be a difficult task, especially if you are dependent on a single source of income.
Credit card debt in particular can balloon to unmanageably high levels in no time, thanks to the exorbitant interest rates charged by credit card companies.
Rather than juggling multiple high-interest debts, you can consolidate everything into a single, low-interest loan so that you can pay it off within a reasonable period of time.
Here are five debt consolidation strategies that have been proven to work.