There is a chance that using debt consolidation services might affect your credit. Some debt management programs, like credit counseling, show up on your credit report - although generally credit counseling does not impact FICO scoring models. Some solutions, like debt settlement, don't show up on your credit report, but by definition cause late payments. Most debt consolidation services are there to help you get out of debt, not to sustain your credit report or credit score, so you should prioritize what you really want in seeking debt consolidation help. If credit score protection is your most important concern, then a debt consolidation program may not be the best fit for your needs.