My husband and I have a large amount of credit car
My husband and I have a large amount of credit card debt. Approximately, $60,000.00. We have carried this balance for about 6 years now. We make the minimum payments every month and put extra toward the debt here and there. All in all, the interest rates are so high we are not getting anywhere. We have asked repeatedly for lowered interest rates, but have never been successful. We both have pretty good credit scores - 730 & 750. We currently own our home and are looking to sell and buy again in the next few years. We really need to make headway with our debt, but need help doing it. What is a debt consolidation company going to do to our credit? How will this effect a lendor's view of our credit when we try to apply for a loan down the road?