Does a Debt Consolidation Program Lower My Credit Score?

“Dear Steve, I need to consolidate credit card debt of $9,000.00. Does debt consolidation go against my credit rating, or lower my score? Do I have to close out my credit cards with my creditors to go forth with the program? Phyllis” Dear Phyllis, The term debt consolidation encompasses so many options that it’s hard … Read more

I’m Wondering is a Debt Consolidation Loan is a Good Idea to Pay Off My Debt. – Kristen

“Dear Steve, So a few years ago I got credit card happy and racked up high amounts of debt. I had help paying some of them and then paid a lot myself recently. After reviewing my credit report. I think I might have 1-3 credit cards to pay. I am wondering if a debt consolidation … Read more

How to Shop for a Good Debt Management Program

You deserve to feel completely certain that you’ve picked the best organization to help you solve your financial issues. We’ve prepared this list of questions to help you find the right organization to represent you. 1. Will You Send Me Information About Your Organization and Programs? A credit counseling organization should be willing to give … Read more

I Was Thinking of Enrolling in a Debt Consolidation Program. – James

“Dear Steve, I have $8,300 in business credit cards. They don’t show up on my credit report. I also have $10,000 in personal credit cards. I was thinking of enrolling in a debt consolidation program that I was referred to by my wamu card. i just had surgery and have to work with one arm … Read more

April Writes And Asks “Is There A Debt Program That Can Help Me And Protect My Credit?”

“Dear Steve, I am married with three children 11, 4 and 3, I also have an 11 year old step son. We live in Jersey. My husband is a disabled vet (from the first gulf war). He gets a pension and I work at home so I can take care of the kids our income … Read more

Is a Debt Consolidation Program Right For Me? – David

“Dear Steve, I have about $28K in CC debt and am starting to get behind. I want to make this better. i am lucky to have a job but it doesn’t pay enough. Is a debt consolidation program right for me? David” Dear David, A debt management program might be right for you. It really … Read more