Consolidation service should be last resort

Dear Dave, We have about $20,000 in debt, and my husband and I have made a resolution this year to pay it off. I think we should live on a really tight budget and save like crazy, but my husband is really fired up about using a debt consolidation service. What can I say to make him change his mind about this? - Brandy Dear Brandy, Debt consolidation services aren't evil, but there are huge problems involved in using them. For one thing, it will trash your credit for the purposes of buying a house. According to the underwriting guidelines of both Fannie Mae and FHA, you will be treated as if you'd filed Chapter 13 bankruptcy if you use one of these debt CON-solidation outfits. You think you're doing something about your debt problem, but the