Posts: 5,554 Registered: ‎12-30-2011 Re: Anyone know any cards
or things to due for someone who consolidated there credit?
quarius wrote:  I know someone who just consolidated all there
credit and there score droped 200 points from like 700 something
to 500 something, and they r pretty upset after they saw the
score. What can i tell them to do? I don't really know any
advice to give them for this but i do know that they didn't
realize it would be this significant. They have never missed a
payment and always had good scores.  R they pretty much starter
now all over again?  Honestly that doesn't sound right; what
specificaly did he do and what's on the reports now?  Did he go
through some Debt Management Program, as that's a pretty big
negative in it's own right when reported is my understanding of
it.   Without the actual report data, it's hard for us to make a
call either way, but a drop of 200 points is almost certainly a
negative of some sort.    Take the FICO Fitness Challenge