Tag Archive: Buy House

Can debt consolidation have a negative impact on my credit profile?

shargnu asked: How can debt consolidation affect my credit history/profile? How will it affect my credit score now? What if I want to buy a house within the next 2 years? What if I want to buy a car within the next year? Find a debt consolidation loan

Will refinancing my auto loan to a lower monthly payment and less interest paid out, hurt my credit score?

BleadGreen asked: I’m preparing to buy a house next year and doing everything in my power to increase my credit score when the mortgage process starts. I have an auto loan @ 6.24% interest rate, and my truck will be paid off in 3 years. I’ve pretty good credit right now. However, if I decide…