I finished consolidating a large chunk of my SL's. (The much smaller chunk is in rehab.)

The consol. went through about two weeks ago and a few days ago I noticed the new consolidated trade line on my EX report. The interesting thing is that on the original tradeline, which almost was in default, the 120 days lates are gone and it just reads "Paid Zero Balance" or closed on all three CR's.

Kinda cool, I think unless I am not seeing the downside.