Actually
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Actually
Debt Consolidation SHOULD give you a Better score. You get rid of 10 bills and have just one, and in most case, as when you use your home, etc... Your credit report shows nothing negative at all, all it shows is the debt being satisfied (this will not erase any past delinquencies, etc..).
I agree with this, and If someones able, definitley try it, Especially if your a home owner and have the equity. This way all the interest becomes tax dedecutible.
Ron
I agree with this, and If someones able, definitley try it, Especially if your a home owner and have the equity. This way all the interest becomes tax dedecutible.
Ron
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Joined: Nov 2003
Posts: 723
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From: Spring, Texas
Re: Actually
Originally posted by ktmguy70
Debt Consolidation SHOULD give you a Better score. You get rid of 10 bills and have just one, and in most case, as when you use your home, etc... Your credit report shows nothing negative at all, all it shows is the debt being satisfied (this will not erase any past delinquencies, etc..).
I agree with this, and If someones able, definitley try it, Especially if your a home owner and have the equity. This way all the interest becomes tax dedecutible.
Ron
Debt Consolidation SHOULD give you a Better score. You get rid of 10 bills and have just one, and in most case, as when you use your home, etc... Your credit report shows nothing negative at all, all it shows is the debt being satisfied (this will not erase any past delinquencies, etc..).
I agree with this, and If someones able, definitley try it, Especially if your a home owner and have the equity. This way all the interest becomes tax dedecutible.
Ron
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