View Single Post
  #2 (permalink)  
Old 05-04-2007, 08:59 PM
Vindicar Vindicar is offline
Member
 
Join Date: Jul 2007
Posts: 54
Vindicar is on a distinguished road
Debt consolidation is obtaining a new, lower rate loan to pay off all your other debts. This will actually positively effect your credit rating. Debt restructuring - or credit counselors, will hurt your credit rating and are often scams.

Reply With Quote