Does consolidating student loans help credit score?

+1 vote
asked Oct 15, 2017 in Financial Aid by Leton Lee (220 points)
Does consolidating student loans help credit score?

1 Answer

0 votes
answered Oct 16, 2017 by Jodie (17,050 points)
Consolidating your student loans won't have a big impact your credit score.

But consolidating student loans can help lower your monthly payment making it easier to make on time payments which is very important in keeping a good credit score.

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