Consolidating credit cadrs
Date: Mon, 07/12/2010 - 16:04
consolidating credit cards, this intefere with the credit report?
If you are consolidating your credit cards through balance trans
If you are consolidating your credit cards through balance transfer, and if you close down your old accounts, this can hurt your credit score. The tradelines, and credit history will be lost from your credit report. However, if you are into a debt consolidation program, it will be listed on your credit report. When you finish paying off the debt, it will get removed from your credit report.
The basic rule is that anything other than paying the balances i
The basic rule is that anything other than paying the balances in full will hurt your credit.
