Debt Consolidation on the credit report

It doesnt look as bad as bankruptcy or not paying your bills at all. I did consolidation and it brought my scores up. I was in the lower 500 now I am at 680. Kyside38

Give first preference to paying the debts on your own. Pay within the due dates and in full so that you don't have to pay any interests. Use your credit wisely, not lavishly.

Most people are unable to pay on their own because of high interests and fees. In that case, chances to default on the account are very high. Credit will keep going down. In that case, you will have to take control now and save your credit from getting tarnished. debt consolidation is a good choice offering lower interest rates and with most fees waived off on the total amount. Talk to a consultant for your variety of options.