Third Party Payer
Date: Tue, 11/09/2010 - 12:02
Does having bills in a consolidation company that makes the payment each month to creditors, effect credit negatively?
It will affect your credit score if the debt consolidation compa
It will affect your credit score if the debt consolidation company do not send your monthly payments to the creditors on time. Moreover, the very fact that you are using a debt consolidation company to pay off your bills will also be there in the report and will affect your score.
