Bill Consolidation Program

Written by Abby Luttrell
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It's scary how much information about you is on a computer. For example, did you know that if you apply for a job (especially with a salary of over $75,000), apply for $150,000 or more of life insurance, or have a lawsuit or unpaid judgement against you, a report is made up about you? This report is accessible to anyone checking your credit report - for the rest of your life.

If you declare bankruptcy, that's on your record for 10 years. If you have a poor credit history, that will stay on your record for 7 years. And of course, if there are any criminal convictions against you, they will always be on your record.

Improve Your Credit Report

It makes sense to try to have the best credit report possible because it will affect everything from the home your family is able to buy, to the school your kids can go to. Sometimes with high interest rates and bank fees, a negative report can't be helped. A bill consolidation program can help reduce the interest rates and fees and improve your credit.

A bill consolidation program works with your creditors to establish a lower interest rate for your outstanding unsecured debt. It's important to learn how to avoid bankruptcy, stop creditors and eliminate your debt. With a program for consolidating your bills, you will make only one payment a month to all your creditors, at a pre-negotiated low interest rate.

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