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Does debt consolidation or credit counseling require good credit?

April 26, 2017credit Credit Counseling debt consolidation good require

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Does debt consolidation or credit counseling require good credit?

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No, debt consolidation and credit counseling are a way for you to pay off you debt and rebuild your credit rating. Unlike a debt consolidation, loan which would require that a customer has good credit to obtain the loan, debt consolidation/credit counseling services work with the clients creditors to help reduce payments without obtaining another loan and sending the customer further in debt.