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Consolidation

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Anonymous
Not applicable

Consolidation

Will consolidating reduce my score?

Message 1 of 4
3 REPLIES 3
Lel
Moderator Emeritus

Re: Consolidation


@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.

Message 2 of 4
Anonymous
Not applicable

Re: Consolidation

Do the old accounts still showa long with payment history?

Message 3 of 4
laz98
Senior Contributor

Re: Consolidation


@Anonymous wrote:

Do the old accounts still showa long with payment history?


Yes Smiley Happy

Message 4 of 4
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