re: Can someone explain this? Credit Card Consolidation.

As mentioned before in this thread, this is a risky deal for the acquiring bank. Most often people go right back out and run up the credit card debt. $10K unsecured doesn't seem like much but for your average income individual it could take a while to pay that out without additional income. Tell her to read up on the "Snowball Method" for getting rid of credit card debt. It's one of Dave Ramsey's debt-free programs and it's what I advise my customers to do.

When people come to me to consolidate debt I ask they close the accounts we are paying off and they seek my guidance before opening any new credit facilities in the future. Sometimes they listen.. sometimes they don't.

If by "debt management agency" you mean "Consumer Credit Counseling Service" tell her no go. These places can charge fees which do not get applied to the principal owed on the debt. Tell her to buy "Total Money Makeover" by Dave Ramsey and read it. It will be the best $20 she's ever spent and will save her money in the long run.

I've also heard (but not seen it myself) that consumer credit counseling services can throw up a red flag to future lenders.

I wouldn't deal with the debt management agency. It sucks that the cc company won't work directly with her to help her out.

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Sounds like you need to switch to that new lsu credit card, it comes with les miles and no points.

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Funny, although it's worth noting LSU got plenty of points throughout the season.