List all debts, balances, interest rates, and minimum payments
Check your credit score and monthly budget
Compare consolidation options such as personal loans, balance transfer cards, home equity loans, and debt management plans
Choose the option with the lowest total cost and manageable monthly payment
Apply for the consolidation loan or program
Use the funds or transfer offer to pay off the existing debts
Stop using the paid-off credit accounts unless necessary
Make one monthly payment on the new consolidated debt
Set up automatic payments to avoid missed due dates
Pay more than the minimum whenever possible
Review your progress regularly and adjust your budget as needed