One of the most important things to remember when consolidating your credit card bills is to A) Do your research and B) Read the fine print. When done properly credit card consolidation is a sure fire way to free up some cash (by paying less interest) and to simplify your life (by not having to pay as many credit card bills). However, consolidating your credit cards is not something that you should rush into without first spending a few moments to compare all of the different credit card rates, terms, and offers available to you.