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I HEARD THAT ID YOU GET A debt consolidation loan IT WILL LOOK BAD ON YOUR CREDIT SCORE AND EVEN LOWER IT BECAUSE YOU HAD TO GET A THIRD PARTY TO TAKE CARE OF YOUR PROBLEM




I believe you are mistaking a debt consolidation loan with a debt management Plan.It does show on your report that you are getting help from a 3rd party but it doesn't hurt your Fico score at all. It will also come off your report once you complete the program as if it never happened.

Sub: #1 posted on Fri, 07/04/2008 - 02:17

mobile0311 mobile0311
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