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Does Credit Counseling and Debt Consolidation Affect Credit Score?Credit counseling is usually not a part of credit scoring and you can do more research throughout our site as well as the internet for debt repayment loans and such. However, credit counseling is better than bankruptcy by far. It may not show up like a bankruptcy on a credit report, but some creditors do look at whether the person had credit counseling or debt consolidation done. Again, credit counseling is a good thing to do if you are getting into trouble financially, it is FAR better than bankruptcy. |
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