It doesn't hurt your score, but it's possible that it would be questioned on a manual review. The good news is that TU shows consolidated SL's this way a lot, so many lenders are probably familiar with it. If it's questioned, I would just point out its status on the other two reports.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007