Should I use Upstart to consolidate my credit cards if it barely lowers my payment?

[roboticoutofgreen]

I'm trying to consolidate my credit cards into one payment. What's everyone using for that? Upstart gave me the loan, but it only drops my payment by about 10 bucks.

 

[HopeCamelMuldoon]

I would debt snowball it. Consolidation loans rarely work

 

[QuantumOtter]

Don't do it. Your credit will be bad for one to two years. In the second year you'll finally catch up, but that one big payment will be late for months until they negotiate a payment plan. You'll still end up paying triple or double to the debt consolidation company.