Q&A: does consolidation of credit debt appears or has a bad effect on credit history?

Question by Ammar: does consolidation of credit debt appears or has a bad effect on credit history?
is there any way to consolidate credit card bills and past due debt without having any bad effect on credit history?

Best answer:

Answer by Ryan
The past dues only affect your credit if the credit lender reported it to the credit bureaus.

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3 Responses to “Q&A: does consolidation of credit debt appears or has a bad effect on credit history?”

  1. NEo says:
    03/26/2008 at 3:57 am

    if you had only revoving credit and you are geting a loan that will actualy increase your credit score

  2. Dr. Gigi says:
    03/26/2008 at 4:55 am

    NO, it actually helps because it shows that you cleared your cc debt . You can read more here
    http://nextcreditera.com/index.php

  3. Jennifer says:
    03/26/2008 at 5:01 am

    Hi,
    I used “Credit Solution” to settle my debt and improve my credit score.They managed to reduce my debt up to 58%.It’s legitimate.I came across this company on NBC News Special Edition.Check it out here:
    http://dwarfurl.com/41c73