How will credit counseling services affect my credit rating?


I am thinking about allowing a credit counseling service (Take Charge America) to consolidate all my unsecured credit. Will this help or hurt my credit rating once I complete the program in about 3.5 years?

One Response to How will credit counseling services affect my credit rating?

  1. Richie Rich

    From experiences I have heard, most of the people I talked with hated it. Payments kept being late and creditors kept calling.

    In the end, their credit was worse off than before, just without the debt.

    Your millage will vary.

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