Regular Contributor
InvincibleSummer2
Posts: 171
Registered: ‎06-15-2012
Re: Consolidating Student Loans

Sonic, I'm not clear how your loans are reporting. When you say they're reporting "negative" - do you mean they are reporting with Lates?

 

If that is indeed the case, then you would have two new tradelines (potentially causing a drop in your AAOA) and the lates would still be there. So I'm not sure that consolidation would help you if the negatives you mention are due to the loans reporting as late.

 

Last but not least - are you looking at your annualcreditreport.com reports? Or somewhere else?