Debt Consolidation
Date: Tue, 05/18/2010 - 19:38
would debt consolidation mess up my credit score if i have 725
Quote:Originally Posted by Zneakywould debt consolidation mess u
Quote:
Originally Posted by Zneaky would debt consolidation mess up my credit score if i have 725 |
Every debt relief program would have some effects on your credit score. However, consolidation causes the least damage to it.
When you take out a consolidation loan , it might affect your score to an extent as any new account tends to lower one's credit score. But the effect might not be too severe.