Consolidating your credit

The cliche about rearranging the deck chairs on the Titanic came to mind when I read your question.

Debt consolidation won't address the real problems that may sink your credit rating!

When done correctly, debt consolidation can: There are several ways to consolidate debt, depending on how much you owe.A credit score is derived from items reported in your credit file.It uses a complex mathematical algorithm to come up with a score that predicts whether you are more or less likely to default on your next loan.And the fact that many people do just that is why the action will temporarily cut your rating.For the record, and for those who don't know the difference, a credit rating and a credit score are 2 different things.Learn More Our debt management program helps simplify your monthly unsecured debt obligations.

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