<CON: use of them will show up on your credit report and carry heavy negative weight. I don't know what the wording will be, but it will be interpreted by those seeing your report as "DESPERATE, NEAR DEFAULT.">This is no longer true. There is an article posted today on the web.http://moneycentral.msn.com/content/Banking/Yourcreditrating/P38052.aspHere is an excerpt:"Contrary to what you might have heard, credit counseling probably won't hurt your credit score. It used to, but about three years ago Fair Isaac discovered that people in debt-repayment plans were no more likely to default or go bankrupt than other consumers."Alan
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