There are many forms of credit card debt consolidation out there today, but which one is right for you. Credit card transfers are great if you have a credit card with a lower interest rate and the companies are willing to work with you. Another choice could be a credit card debt reduction. These take collateral and a good credit score to be accepted for though. Recently, more banks have been offering low interest credit card debt consolidation loans. These loans are another form of moving your high interest debt into a lower interest rate. Talking to your creditors could open up new options to help you pay off your debt.