---
title: "1 Consolidate Credit Quotes By Jean Chatzky"
description: "1 Consolidate Credit quotes by Jean Chatzky. Plus more from Jean Chatzky and more Consolidate Credit sayings from other authors."
image: "https://sms4smile.com/quotes/i/e84/jean-chatzky-15313_cards_you-also-need-to-understand-that-when-yo_1363945.jpg"
---

> [ You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or a HELOC \[ home equity line of credit \] - you're taking an unsecured debt and turning it… ](https://sms4smile.com/quotes/jean-chatzky/you-also-need-to-understand-that-when-you-consolidate-credit-card/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

[Image](https://sms4smile.com/quotes/i/e84/jean-chatzky-15313_cards_you-also-need-to-understand-that-when-yo_1363945.jpg)

## More by Jean Chatzky

> [It's not about having it all. It's about having what you value most.](https://sms4smile.com/quotes/jean-chatzky/it-s-not-about-having-it-all-it-s-about-having-what-you-value-most/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [Get your friends involved. Let your shopping buddies know that you're on a tight budget, and they can help you out when your willpower…](https://sms4smile.com/quotes/jean-chatzky/get-your-friends-involved-let-your-shopping-buddies-know-that-you-re/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [You must be sure - and I mean absolutely positive - that you have the willpower to pay off those credit cards and not…](https://sms4smile.com/quotes/jean-chatzky/you-must-be-sure-and-i-mean-absolutely-positive-that-you-have-the/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [A little personality goes a long way.](https://sms4smile.com/quotes/jean-chatzky/a-little-personality-goes-a-long-way/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [The Bankruptcy Reform Act of 2005 made it harder for individuals to file bankruptcy, which is always the last resort. Unfortunately, simultaneously consumers racked…](https://sms4smile.com/quotes/jean-chatzky/the-bankruptcy-reform-act-of-2005-made-it-harder-for-individuals-to/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [Save for your goals. Take note of what's coming your way - vacations, the holidays, what ever is going to cost you money -…](https://sms4smile.com/quotes/jean-chatzky/save-for-your-goals-take-note-of-what-s-coming-your-way-vacations-the/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [Turn down offers for new cards or credit line increases on your current cards. Credit's tight, and chances are, you're not getting many offers…](https://sms4smile.com/quotes/jean-chatzky/turn-down-offers-for-new-cards-or-credit-line-increases-on-your/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [When you default on a secured debt, the creditor takes the asset that backs up that debt. When you convert credit card debt to…](https://sms4smile.com/quotes/jean-chatzky/when-you-default-on-a-secured-debt-the-creditor-takes-the-asset-that/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [A consolidation makes sense only if you can lower your overall interest rate. Many people consolidate by taking out a home equity line loan…](https://sms4smile.com/quotes/jean-chatzky/a-consolidation-makes-sense-only-if-you-can-lower-your-overall/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [Sometimes a creditor is willingto do this as a bargaining point - you give the creditor cash in hand, it gives you a positive…](https://sms4smile.com/quotes/jean-chatzky/sometimes-a-creditor-is-willingto-do-this-as-a-bargaining-point-you/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [Debt settlement companies work as a middleman between you and your creditor. If all goes well (and that's a big if), you should be…](https://sms4smile.com/quotes/jean-chatzky/debt-settlement-companies-work-as-a-middleman-between-you-and-your/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or a HELOC…](https://sms4smile.com/quotes/jean-chatzky/you-also-need-to-understand-that-when-you-consolidate-credit-card/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [If you'd asked me a few years ago about debt settlement companies, I probably would have told you to avoid them.](https://sms4smile.com/quotes/jean-chatzky/if-you-d-asked-me-a-few-years-ago-about-debt-settlement-companies-i/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [If you are, consolidating at a lower interest rate can help you pay off your debt faster. But if there's even a small chance…](https://sms4smile.com/quotes/jean-chatzky/if-you-are-consolidating-at-a-lower-interest-rate-can-help-you-pay/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

> [You won't be caught off guard and you won't feel guilty, because you'll be spending money that you've allocated for the occasion.](https://sms4smile.com/quotes/jean-chatzky/you-won-t-be-caught-off-guard-and-you-won-t-feel-guilty-because-you/)

[Jean Chatzky](https://sms4smile.com/quotes/author/jean-chatzky/)

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