Posted on
March 25, 2010
at
3:29 am
do you have anything on consolidating debt without ruining credit? it seems impossible...
Posted on
March 25, 2010
at
3:39 am
do you have anything on consolidating debt without ruining credit? it seems impossible...-- in a way it is, as if you're already thinking about consolidating your debt - it must mean that your credit is already somewhat ruined.
Posted on
March 25, 2010
at
4:18 am
consolidation debt without ruining the credit - good follow up questions to this is - how does consolidating debt appear in the credit report and how does consolidating debt improve credit - does it really?
Posted on
March 25, 2010
at
4:50 am
Wait, just to be clear on what consolidating debt means - it is credit counseling right? It's not to be mistaken with debt consolidation loan. And credit counseling appears on the report only as long as you're undergoing it, once you're done. So should it be.
Posted on
March 25, 2010
at
5:14 am
I think that instead of worrying about consolidating debt without ruining your credit, focus on getting rid of the debt first, because anyway, you can do credit repair after. Also, once you get rid of your debt - your credit should only improve.
Posted on
March 25, 2010
at
5:39 am
Here's how your FICO score looks like:
-35% Payment History - 30% Amount Owed -15% Length of Credit History -10% New Credit -10% Types of Credit Used// if you do debt settlement instead of credit counseling, those two bolded segments are the ones affected by the program
