topic Re: Consolidation in Student Loans

Consolidation

Anonymous — Mon, 16 Apr 2012 04:05:48 GMT

Will consolidating reduce my score?

Re: Consolidation

Lel — Mon, 16 Apr 2012 05:19:29 GMT

@Anonymous wrote:
Will consolidating reduce my score?

It could, but perhaps not by that much. When I consolidated a while back, there wasn't any obvious change in score. I had a new account, a slightly decreased AAoA, and an inquiry, but I also had fewer accounts with balances.

If consolidation saves you money, then it's a reasonable thing to do.

Re: Consolidation

Anonymous — Mon, 16 Apr 2012 23:05:41 GMT

Do the old accounts still showa long with payment history?

Re: Consolidation

laz98 — Tue, 17 Apr 2012 03:37:07 GMT

@Anonymous wrote:
Do the old accounts still showa long with payment history?

Yes