general question

Hi mercerx4

Your credit won't be affected by using a consolidation program, unless you decide to pay the debts on your own. Your credit report will show that you are taking care of the debts instead of leaving them delinquent. In case, you are current and expecting to get behind on your debts, this program is the right choice.

This program will help you in catching the repayments if your accounts are in default. You may even use this program if you are current in your payments. This helps in lower down the interest rates with your creditors and waive off the late payments from your total debt. All the debts combine under one payment plan and the counselor finds out how much you will be able to afford each month. He will do a thorough analysis of your income and offer budgeting tips. All unnecessary expenses will be cut off so that you don't hurt the plan and pay off your utilities. There are other options you may like to discuss with a professional expert. Use the services and make your way towards achieving a debt free life.