Hi when you take out a debt consolidation loan and the lender sends cheques to pay off your credit cards?
If you were tempted to use your cards again are they still active
Answer
Unless the banks have notified you that the card has been cancelled - cos you missed payments, went over etc., the cards are still active. however, remember that it is
so easy to fill them to the hilt again. it starts off as oh its just this one thing, its just this emergency, il pay it back on pay day, then its oh and this thing and that thing, oh ill pay a bit now and the rest later and before you know it, your maxed out and taking out a bigger loan.
just be cautious is all x