Debt consolidated but credit score worsen..what to do?

This all started 3/2006,I decided to consolidate three bills into one

because of interest rate...my credit score went from 600-500

many calls have been made to correct this problem but its on going...Need some sound advice...Thank you

Debt consolidated but credit score worsen..what to do?

As long as you are making timely payments, keep working at it. Your credit score will improve.

Also, Fair Issacs recently changed their formula for credit scoring. If you have a lot of debt, which is a fair assumption in this case, your credit score probably went down.

Who cares what your credit score is as long as you are currently saving money on your interest rate.

Debt consolidated but credit score worsen..what to do?

I totally agree with Steve. Who cares about credit score. The banks penalize you when you try to consolidate because they%26#039;re loosing money on you. They nail you if you (God forbid) make a late payment. I haven%26#039;t used credit cards in years. Anytime I go to the bank and the teller offers me some credit card, I tell them %26quot;I don%26#039;t do credit cards%26quot;. It%26#039;s such a great feeling. We%26#039;re made to feel that we must have credit. Sorry but I don%26#039;t want to be a slave to the banks.