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consolidating student loan for credit report?

Jan 29

Mark SingleyStudent Loans Q&A credit score, experian, free credit report, installment loans, Student Loans Q&A 3 Comments

Recently, I acquired my free credit report from Experian and a few questions arose. I noticed that my student loans are in the form of installment loans (which I knew already) but was not aware that there were 10 of them plus my car that I just bought last May! Am I right in understanding that the more installment loans you have, the more it hurts your credit score? And if so, would it help my score to consolidate those loans?

Thanks for any help!

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