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credit report

Date: Tue, 07/26/2005 - 12:28

Submitted by anonymous
on Tue, 07/26/2005 - 12:28

Posts: 202330 Credits: [Donate]

Total Replies: 1


how does debt consolidation appear on your credit report


Hi Shavon
Welcome to the forums

When you register yourself in the debt consolidation program the credit reporting agencies will send this information to the credit bureaus who will include this information on your credit report.

This information will highlight the fact that you are in debt and you have already started clearing your debt with the help off debt consolidation program. This will enhance your credibility or your credit image in front of the creditors.

Hence if the debt consolidation appears in your credit report then it will not hamper your credit or your credit history.

Hope you will find this information useful

Regards
Peter


lrhall41

Submitted by peter on Wed, 07/27/2005 - 03:30

( Posts: 285 | Credits: )