Debt Consolidation Forums Debt Consolidation and Debt Settlement forums

Is there any negative side of debt consolidation?

member profile picture
Posts: 1
Credits: 86.85
[Donate]

what is the downside of debt consolidation?




credit rating .. goes down .. primarily when you have a good score .. else does not really hurt you much .. then again .. what would you prefer a low score or a lot of debt that you cannot clear?

Sub: #1 posted on Fri, 09/26/2008 - 12:22

raienterprises raienterprises

(Posts: 7 | Credits: 0.67)

debt consolidation or debt settlement? Consolidating will not get rid of the debt. Settle it and be done. Do not take a loan on your house or cash in IRAs. Let it go for a few months then settle it for .20 cents on the dollar. They will do it

Sub: #2 posted on Fri, 09/26/2008 - 14:49

Unregistered


Attachment
More information
  • Files must be less than 1.25 GB.
  • Allowed file types: txt pdf jpg jpeg png.
Post as a guest
CAPTCHA
This question (Case Insensitive) is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Post as a member

Share post

Page loaded in 1.140 seconds.