Debt Consolidation Low Interest Rates
May 6th, 2010
Question: If you use one of those debt consolidation programs, does it affect your credit score?
You know where you call and they stick all your debt all together and then lower your interest rate so you can pay it off faster. Does that stay on your credit report, like filing bankruptcy?
Answer: It does show up on your credit report, and it will affect it negatively, but not as bad as not doing anything or bankruptcy.
Euro, Stocks Plunge on Debt Concern; Spain, Italy Yields Surge
May 6 (Bloomberg) — The euro slid to a 14-month low, global stocks tumbled for a third day and Spanish and Italian bond yields surged on concern European leaders aren’t doing enough to stem the region’s debt crisis. Italy’s benchmark equity index plunged 4.3 percent to the lowest since July.
A Breath Of Relief With Low Interest Debt Consolidation
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Tags: Credit, Debt Consolidation, debt_consolidation, Finance, Low Interest Rates, rates, Refinance, Source News