Thinking of debt consolidation affect on credit
Date: Wed, 11/01/2006 - 08:42
My credit rating is already in the crapper...if I consolidate my debt, how will this effect it? will it go even further down or will it get a little better?
Can anyone reccomend a good debt consolidating company?
I have maybe $3,000 more or less in student loans
less than $2000 in credit card bills
about $1200 in pay day loans (a few hundred has already been repaid)and
And a few other bills that maybe amount to a grand or 2 in total, I have to get my credit report and see what else is out there, but in total I am def under 10,000 in debt. I am tired of having bad credit and bills that pile up.
Anyway, does anyone have any suggestions. I don't think I should file bankrpucy at this point. But I am looking to clear things up.
Can anyone reccomend a good debt consolidating company?
I have maybe $3,000 more or less in student loans
less than $2000 in credit card bills
about $1200 in pay day loans (a few hundred has already been repaid)and
And a few other bills that maybe amount to a grand or 2 in total, I have to get my credit report and see what else is out there, but in total I am def under 10,000 in debt. I am tired of having bad credit and bills that pile up.
Anyway, does anyone have any suggestions. I don't think I should file bankrpucy at this point. But I am looking to clear things up.
Don't file for bankruptcy when you already have other options. d
Don't file for bankruptcy when you already have other options. debt consolidation won't do anything bad to your credit. Your credit is going to improve in the future. All the payments will be done through the program. The delinquent status of your accounts at this stage is doing no good. So, you may consolidate your debts and do the urgent fix.
Did you sign up for the free counseling here? A counselor is referred after you fill in the application form. Take the free quote and know about your options. If you are looking forward to compare different quotes from companies, find some in the ranking chart.
