Consolidating student loans credit score

Debt is costly and can prevent us from reaching financial goals (or at least prevent us from reaching them when we’d like to).

If you're wondering what you need to know about consolidating student loans, find answers to the questions you have before consolidating in this guide from Citizens Bank.For example, you may need to identify the types of federal loans you have and their repayment statuses.Review the consolidation eligibility criteria on the federal student loan website to learn more.Before consolidating student loans, it's important to know what benefits you will receive from consolidation.If your credit score or financial situation hasn't changed much since you first applied for loans, you may not see much of a difference in your quoted rates.

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