How does consolidation effect my credit?
Date: Thu, 07/28/2005 - 17:18
I am looking into consolidating my credit and I am wondering how this will effect my credit?
How debt consolidation affect my credit?
Hi Cliff
Welcome to the debt consolidation care forums
In order to consolidate your credit debt consolidation program is a very good option. By joining the debt consolidation program you will be offered a step wise repayment plan which will clear off your debts subsequently.
This in turn will increase your credit score. Negative information will be erased as soon as you clear your debts. In addition it will help you to improve your credit to a huge extent.
Hope to hear from you soon
Regards
Peter