Since your credit cards have gone past due, your situation definitely would warrant using a debt consolidation service. Since your credit has been affected by your delinquent accounts, you wouldn’t be able to qualify for a debt consolidation loan, however are in a prime position for a debt settlement program.

Debt settlement allows you one low monthly payment, typically about half of what your current minimums are, and also provides a solution to get you out of debt in a much more reasonable amount of time than the 30-40 year plan that paying your minimums takes. A typical debt settlement client usually completes their program within 3-5 years and ends up paying less than they originally owed even after factoring in the debt settlement company’s fees.

For reviews on different debt settlement companies, see http://www.choicerevu.com