When getting a consolidation loan, what happens to your credit cards they are consolidating from?
Do they stpo the accounts? Put a halt on them, or do they keep them open? I dont mind putting a halt, but to close the accounts after all is paid on the consolidation loan, i would like to know i have an open line of credit with my card company. Any input will be gladly appreciated! Thanks!
Best reply by colorado:
They will close all your credit account which you list for consolidate.I did it few year ago,the one you did not list,it remain open.
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When getting a consolidation loan, what happens to your credit cards they are consolidating from?
