Re: Consolidat ing Student Loans
09-26-2012 11:53 PM
No, there's no benefit to your credit report/score from consolidation. It won't remove any previous lates, so don't do it unless you want to take advantage of the logistical benefits (one payment to one servicer) or it makes sense financially (it can lower your minimum payment, and you may qualify for a small interest rate deduction).
(599 Views)
