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by Biz on February 23rd, 2009
You may get some articles about debt consolidation and its effect from
http://debtcons.freehostia.com
by RysMom on February 9th, 2009
Getting a hold of debt will cause less of a flaw on your credit rating than getting behin on paying bills. I agree with what the first guy said! Try calling your credit card companies and ask for lower interest rate. If you have credit available on your cheapest card, consolidate your debt to it. Ask your bank for a loan first, then go to a debt repayment place. But ask how they do business....do they pay the debt off for you and then you pay them with higher interest? Get proof they have paid your bills!
by TheJoker on February 9th, 2009
It depends how you go about consolidating it. If you get an unsecured loan from any provider eg. bank, building society & pay off your current debts then the only thiing to register on your credit rating will be an application for credit which will be discounted after 3 months. If you go through a debt consolidation company they will negotiate with your current providers and that will be registered on your credit rating, basically you wont get any other credit until its paid off. If you use a managed loan that will also show until its paid off & will have a negative effect.
What is the best debt and bill consolidation?
by Answerbag Staff on June 18th, 2010
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Will my student loan consolidation loan affect my mortgage pre-approval
by a.houston71 on March 1st, 2011
| 1 person likes this
Is bill consolidation a good idea?
by Answerbag Staff on April 15th, 2010
| 1 person likes this
Are there any legitimate debt consolidators?
by Answerbag Staff on April 13th, 2010
| 1 person likes this
What is Debt Consolidation ?
by ppoul88 - American Debt Consolidation Com on May 4th, 2010
| 1 person likes this
You're reading Can I get some information on consolidating debt and would like to know how it will affect my credit?
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