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I currently have 15 student loans with Sallie Mae which total to about 42,500 in debt. I will be having my loans consolidated into one loan, and my payments will be around 50.00 a month. Will consolidating my loans increase my credit score by a large amount?
Exp 580
Equ 499
Tran564
@creditstalker wrote:I currently have 15 student loans with Sallie Mae which total to about 42,500 in debt. I will be having my loans consolidated into one loan, and my payments will be around 50.00 a month. Will consolidating my loans increase my credit score by a large amount?
Exp 580
Equ 499
Tran564
Nope, and how did you get them to agree to $50 a month on $42,500 in debt, you will be paying that off for 70 years?