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alltherage · 02-20-2009, 06:59 PM

I did a search and there is a really old thread from 06 about this but I thought with the difference of the times things might have changed.

I have a relatively small amount of debt, but it's in a few places. It totals under $5k but I'm having a hard time getting organized and would much rather just pay one chunk off instead of 3. Part is a student loan, part is a credit card, and the other is a personal loan.

My questions are:

1) Where should I go to get this done? I have great credit, but I want the best customer service and rate.

2) Will a consolidation loan ding my credit rating? I know any time you apply for a loan it does a small nik, but does this show up as anything more than that?

I am very young and just starting my career, so I don't have any assets so far, but companies keep sending me junk mail where I'm pre-approved for like 10k, so I know I can do this, I just wonder if it would be healthy or not.

Any insight is appreciated, and any referrals would be really good. Please PM me if you are not sure about referring out in the open.

Thanks!!!!

02-20-2009, 06:59 PM	#1
alltherage Missed the bus Join Date: Jan 2006 Exp:	Questions about consolidating I did a search and there is a really old thread from 06 about this but I thought with the difference of the times things might have changed. I have a relatively small amount of debt, but it's in a few places. It totals under $5k but I'm having a hard time getting organized and would much rather just pay one chunk off instead of 3. Part is a student loan, part is a credit card, and the other is a personal loan. My questions are: 1) Where should I go to get this done? I have great credit, but I want the best customer service and rate. 2) Will a consolidation loan ding my credit rating? I know any time you apply for a loan it does a small nik, but does this show up as anything more than that? I am very young and just starting my career, so I don't have any assets so far, but companies keep sending me junk mail where I'm pre-approved for like 10k, so I know I can do this, I just wonder if it would be healthy or not. Any insight is appreciated, and any referrals would be really good. Please PM me if you are not sure about referring out in the open. Thanks!!!! Last edited by alltherage; 02-20-2009 at 07:02 PM.