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Does Cash Out Refinance Debt Consolidation Loan Lowers CR?

This is a discussion on Does Cash Out Refinance Debt Consolidation Loan Lowers CR? within the Mortgage Problems and Solutions forums, part of the Mortgage and Loans Forum category; If i refinance for more, pay off all credit cards will the credit score go down?What if i keep the ...


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Old 11-03-2008, 05:16 AM
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Default Does Cash Out Refinance Debt Consolidation Loan Lowers CR?

If i refinance for more, pay off all credit cards will the credit score go down?What if i keep the cards open? How does that affect credit score?What if I close the cards? How does that affect credit score?Credit score is very important to me at this point, so if you can explain the effect that would be very helpful. Thanks guys!

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