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When a debt consolidation program is paid off will it make your credit score higher? |
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Answer
Not necessarily. Because of all of the factors that go into determining credit scores.
Do some research on this forum to some reasons as to why.
Answer
Slightly, yes.
First answer by Thomaszimmerman. Last edit by anonymous. Question popularity: 90 [recommend question]
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Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Debt and Bankruptcy > Debt Collection > Debt Counselors and Consolidation > When a debt consolidation program is paid off will it make your credit score higher?
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Debt consolidation program pay off? Can debt consolidation hurt your credit score? Does debt consolidation hurt your credit score? Does being in a debt program hurt your credit score? After consolidation when does your credit score go up? How much will you credit score lower with consolidation? Does using a debt consolidation program lower your fico score? When does your credit score begin to go up with a consolidation program?
