Comments on: Falling mortgage rates increases the chance of debt consolidation http://www.financenewspro.com/falling-mortgage-rates-increases-the-chance-of-debt-consolidation/ Professional Finance News And Articles Thu, 17 May 2012 15:27:32 +0000 http://wordpress.org/?v=2.3.1 By: Ben Kruell http://www.financenewspro.com/falling-mortgage-rates-increases-the-chance-of-debt-consolidation/#comment-1351 Ben Kruell Mon, 20 Oct 2008 08:00:34 +0000 http://www.financenewspro.com/falling-mortgage-rates-increases-the-chance-of-debt-consolidation/#comment-1351 I have several questions regarding your post. If I consolidate all of bills into one payment won't that hurt my credit score? I have read that debt consolidation is one of the worst things you can do to your credit next to a foreclosure. Second question. Do you think it would be better to refinance my current home loan versus trying to get a second mortgage (debt consolidation loan) if rates have gone down? Thanks for all of the great information in your blog. I have several questions regarding your post. If I consolidate all of bills into one payment won’t that hurt my credit score? I have read that debt consolidation is one of the worst things you can do to your credit next to a foreclosure.

Second question. Do you think it would be better to refinance my current home loan versus trying to get a second mortgage (debt consolidation loan) if rates have gone down?

Thanks for all of the great information in your blog.

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