Consolidating school loans with bad credit date or dating
I am looking to consolidate my student loans because they are negatively impacting my score due to the low average age of credit they are creating while I am still in school.What will happen to the current loans once they are paid off?
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A balance transfer is almost never free so if the fees associated with it are high, it might not be worth it.
You’ll work with a credit counsellor who will negotiate with your creditors to reduce your interest rates and payment amounts.
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