Does student loans affect your credit? The short answer is that yes, it can help or hurt it. Student loan consolidation and refinancing have many benefits, including the potential to give your credit score a boost. But that doesn’t mean you should automatically run and consolidate your student debt. In this video, we cover the main issues to remember when considering student loan consolidation and your credit score.
📒 Show Notes 📒
✅ Does having decent credit matter in the student loan world
✅ How does student loan consolidation affect credit?
✅ Will refinancing student loans hurt my credit?
✅ The impact of hard credit checks
✅ Other consolidating scenarios that could hurt your credit
✅ Should you consolidate or refinance your student loans?
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Legal: Student Loan Planner is a financial coaching company and does not claim to provide financial advice on investment products. Refinancing federal loans causes the borrower to lose access to income-based repayment plans as well as the PSLF program. We may earn compensation from advertising partners when you click on links on our site. Student Loan Planner is not a debt settlement or debt relief company. We do not provide tax or legal advice.
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