Share post
Share
Debt Consolidation Forums Debt Consolidation and Debt Settlement forums

Debt Consolidation - now what?

Date: Thu, 03/18/2021 12:16
member profile picture
Posts: 1
Credits: 0
[Donate]

So I just consolidated my credit card debt, with a low interest loan.
If I close the credit cards, does that hurt my credit? Do I leave the accounts open (and leave them at home!)?
What is the best route to take to boost my credit score?




Closing the card will lower your credit score as it lowers your available credit. Have someone you trust hold on to them.

Sub: #1 posted on Thu, 03/18/2021 - 14:59

SOAPLADY SOAPLADY
Moderators Cum Industry Expert
(Posts: 17319 | Credits: )


DebtConsolidationCare (IAPDA member)
BBB (A+) logo for DebtCC
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2020 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.187 seconds.