You also need to make sure there isn't a separate interest rate for balances that are transferred. Finally, the ultimate challenge is to put those other credit cards in your drawer, lock it, and throw away the key until you've paid off this bigger balance. That plan is great for people who have good credit and can qualify for those low-rate cards. The problem is, lots of people are falling behind on payments, which means their credit may not be in the greatest shape. There are several reputable organizations that would be happy to take over your bill payments.
Debt consolidation is a big business.
Some firms simply prorate your bills. Others are in the business of putting you on a managed repayment schedule to repay your debts. Many companies even offer debt counseling services for a fee. The bad news is that instead of helping you out of trouble, some of these firms push plans that cost you so much that you might not be able to afford to get out of debt. Nonprofits get most of their funding from creditors, not you.