Open Question: Debt consolidation will leave you with a huge debt ratio, and close all your credit cards?

AUD/USD - Australian Dollar US Dollar
Short term (Intraday)
0,8739. AUD USD broke 0,8750 support. AUD USD is in a consolidation after the last bearish movement. The volatility is high. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on AUD USD. The consolidation should continue. The price should find a support above 0,8700. If the support is broken then the target will be 0,8570 (160 pips).

Open Question: Debt consolidation will leave you with a huge debt ratio, and close all your credit cards?

When you consolidate debt, it shows all old debts as being paid, etc, but the one new debt ratio, which is the amount being owed to the consolidation company will be huge. QUESTION: Does It lower the credit score to have a huge debt ratio like this?
OTHER QUESTION: and you also want to have say, 3 credit cards, (3 of them is the number you want to have a good credit profile, right), then the debt consolidation companies close your credit cards or do they not? How does it work

Open Question: Debt consolidation will leave you with a huge debt ratio, and close all your credit cards?

When you consolidate debt, it shows all old debts as being paid, etc, but the one new debt ratio, which is the amount being owed to the consolidation company will be huge. QUESTION: Does It lower the credit score to have a huge debt ratio like this?
OTHER QUESTION: and you also want to have say, 3 credit cards, (3 of them is the number you want to have a good credit profile, right), then the debt consolidation companies close your credit cards or do they not? How does it work

Open Question: Debt consolidation will leave you with a huge debt ratio, and close all your credit cards?

When you consolidate debt, it shows all old debts as being paid, etc, but the one new debt ratio, which is the amount being owed to the consolidation company will be huge. QUESTION: Does It lower the credit score to have a huge debt ratio like this?
OTHER QUESTION: and you also want to have say, 3 credit cards, (3 of them is the number you want to have a good credit profile, right), then the debt consolidation companies close your credit cards or do they not? How does it work

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