Consolidating my credit card bills
Date: Sat, 04/29/2006 - 13:54
Hi Your scores are the most important factor to your creditor
Hi
Your scores are the most important factor to your creditors before they grant you any credit. It will easier to shop for credit if you have worthy scores.
As you are looking towards the consolidation program, the payments will be done regularly towards your debt accounts. You will be timely in your payments and that will improve your scoring further. There is nothing that can hurt your credit negatively in the consolidation program.
Most companies also review the payment history before entering into any financial deal. They want to make sure if the person they are entering into contract with is not a risk for them. After analyzing everything, the company decides if they wish to extend credit to you or not.
