For around $12000 of credit card debt, will consolidation be a good choice? Where lies the difference between a program and loan?
As for the difference between a consolidation program and a loan - A loan can be taken out on your own while you have to enroll with a professional company to avail of consolidation program services. For further details you can check out:
Consolidation is good if you have multiple credit card debts. You didn't specify if you're carrying the balance on a single card or have it with multiple creditors. Try balance transfer. That's like the simplest form of credit card consolidation. In case you have it on a single card, try settlement instead. It's kind of difficult to suggest a suitable debt relief option for you without knowing about your financial condition.
Legal debt relief methodology that works based on your financial conditions.
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