credit card consolidation
Date: Fri, 10/27/2006 - 16:21
How long is the whole process? can you use credit cards, which are not consolidated, I need it for work
Thank you, Anna
Thank you, Anna
Yes, you are free to choose the accounts you want to put in the
Yes, you are free to choose the accounts you want to put in the consolidation program. It is advised that you should keep one card outside the program so that you can use it during emergencies. But make sure that you are doing timely payments on it. This card should reflect your good credit history and you don't end up putting it under the plan.
When you include the accounts in the consolidation program, the accounts are kept frozen or closed. This is done for your good so that you don't put in additional debt on it. Once the plan is over, you are free to use the cards again.
