I'm considering debt consolidation to manage my finances better, but I'm worried about the potential impact it might have on my credit score. Will consolidating my debts hurt my credit in any way?
5 answers
Valentina
Fri Nov 15 2024
However, with consistent and timely payments, your credit score is bound to improve over time.
Sofia
Fri Nov 15 2024
One effective strategy to minimize the impact on your credit is by keeping your credit lines open.
Chloe_emma_researcher
Fri Nov 15 2024
Avoiding the accumulation of new debts is another crucial step in maintaining your credit health.
SkylitEnchantment
Fri Nov 15 2024
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SeoulSerenitySeeker
Fri Nov 15 2024
Consolidating debts can lead to a temporary dip in your credit score.