Debt consolidation

Hi tom731,

If you owe huge debt, it really damages your credit report, especially if your payments are not in time and some of the accounts are sent to collection. debt consolidation not only helps you to repay your debts, but improves credit score also.

Credit report starts to reflect your account status after a few consecutive payments and it becomes completely clean, when your account is marked as ???Paid in Full??? or ???Paid as Agreed???. Then it proves your credit worthiness.

If you have any more questions, please feel free to ask in the forums.

Regards
Bryan

When I refinanced my loans with a bank, my credit went up! Slowly, but surely and that was great to see!

Hi Tom

The accounts that will be included in the consolidation program will be closed or frozen during that period. It is done with a very neat intention so that you don't build any extra debt. Otherwise, it will seem like chasing a moving target.

Regards
Roxette