Is Debt Consolidation a good thing for my credit score or will it damage it ?

Question

Being a recent grad and not in my prefered area of employment is rough, as it is for many recent grads. My dilemma is my finances. My poor financial decisions (i.e. CREDIT CARD DEBT) in college has caught up with me and it is racking my brain. I have considered debt consolidation because of the seemingly positive benefits of reducing my payments and paying just one bill...BUT is it too good to be true? It seems that there are quite a few debt consolidation businesses popping up and that is cause enough to sit up and really ask what's really going on. I mean, is it really good for my credit (as well as my mental well-being)? Am I better off just toughin it out or should I take the leap and just take a chance with a reputable debt consolidation company? What's a poor girl to do?

Answer 1

Debt consolidation can help you to relief debt to control over your debt your debt. It has some positive and negative sides as well.
You may get some information and articles about debt consolidation that may help you from
http://nfo.atspace.com