ion Impact on lines of credit?
01-03-2013 11:41 PM
Does anyone know if consolidating loans via direct consolidation will:
A) remove all of the tradelines and replace them with one new one
B) make the average age of accounts only as old as the new one
I am wondering if these things will hurt my score..
OR- does it help because the other accounts show closed, paid. ??
Starting Score: TU 610 EQ FICO 635
Current Score: EXP 688 EQ FICO 701
Goal Score: 740 by NYE 2013
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