Posts Tagged Consolidating Debt

Bankruptcy Questions : How to Pay Credit Card Bills Without Filing Bankruptcy

eHow asked:


Pay off credit card bills without filing for bankruptcy by consolidating credit debt or negotiating with individual credit card companies to obtain a lower rate. Consult with a financial adviser to discuss playing off large amounts of debt without bankruptcy with insight from a family lawyer in this free video on debt. Expert: Robert Todd Bio: Robert Todd is the managing partner and president of Robert M. Todd, PA and Family Law Solutions. Filmmaker: Christopher Rokosz

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How does consolidating credit debt effect a credit rating?

credit debt
MsNomer asked:


My credit rating is probably better than the average as I pay all my credit bills on time, but I’d like to consolidate all the debt for a lower interest rate, with an eye on paying it all off faster. Would it be better to pay off the balances individually than to consolidate? How will zero credit card balances effect my credit rating?

Any suggestions, and any recommended books, would be appreciated. Thank you!

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