At my current age of 23, I have started to get worse and worse with my debt. One of the main reasons is for the past 5 months; my income has been cut in half from what it used to. As Of today, I am about $5000 in debt. I consider it a lot compared to what my current income is and it is just going to keep growing. My car insurance is due, so add on another $250. I have heard about agencies that pay off all your debt and you pay them an affordable monthly fee. Anyone have experience or recommendations on these? They say you end up paying less to them in the end, which is good. All my debt is from credit cards. I made it a rule to always pay twice the min balance each much at least. But I am seeing that this is hard now due to my income/expensive. With the interest rate on some, if I only paid the minimum, the APRs would eat that up and it would be like I’m paying nothing. The bottom line is; I have some interest in those companies that pay your stuff off, other then that. Any other ideas? While only 5k, it is a lot to me, and even if I could afford 500 a month, it would take about a year to pay off my current debt. I have trouble affording half that as is.