I actually had Academic Loan Group to consilidate. I thought they were supposed to consilidate all loans, but they only consilidated about three or four. So before calling them back to consilidate all my loans, I wanted to ask if this is the right thing to do. Does consilidation hurt or help your credit scores because I have several student loans equally to over 50k.

Also, I have read twice that once the borrower starts paying, their credit scores drop across the board. Is this true? If so, why?

jdpeach