Does bad credit affect student debt consolidation?

Answer On One Hand: Yes It Does.Your credit score affects any loan you apply for. Bad credit can mean paying higher interest, increased late fees and/or annual usage fees. Very bad credit, if it doesn't g... Read More »

Top Q&A For: Does bad credit affect student debt consolidation

Does a student loan consolidation help your credit score?

On One Hand: Know the AdvantagesIf you are able to earn a reduced rate, student loan consolidation may help your credit score by reducing your debt-to-income ratio, a major factor in calculating yo... Read More »

How to Repair Credit With Credit Consolidation Debt Relief?

Credit card consolidation for the purpose of debt relief is an increasingly common way for people to pay off their debts without ruining their credit score. A bankruptcy or debt settlement can affe... Read More »

How long will debt consolidation damage credit?

Debt consolidation is a way for people to lower the payments on their bills so that they can catch up with them. It does not damage someone's credit, but it will increase the amount owed over time.... Read More »

Does a lawsuit by a debt collector affect credit score?

On One Hand: Nothing To Worry AboutThe mere filing of a lawsuit won't affect your credit score. Nothing will appear on your credit reports unless the debt collector wins in court and is awarded a j... Read More »