How can debt consolidation affect my credit history/profile?
How will it affect my credit score now?
What if I want to buy a house within the next 2 years?
What if I want to buy a car within the next year?
I want to work with a debt consolidation company that pays off the debt on your credit report quickly and have you pay them monthly.
I do not want a consolidation company that only pays the collectors as you pay them.
I have over 10,000 dollars worth of credit card debt. Should I consider consolidating?
I can afford the payments no problem, but in the long run, the interest may be more than what I could have paid if I was in a debt consolidation program.
Does that make sense to you?
Thank you for your time.
I fell behind on my credit cards when I had an emergency medical expense. Even though I have a steady job and income, they’ve raised the payments and dropped the limits so there’s no chance I’ll catch up. I want to do debt consolidation but most companies Google brings me are a scam. I know it ruins your credit, but 8 90+ past due accounts does that too. I’ve been unable to work out plans with them or find a second job. What is a reputable company?