Student Loan consolidation

iVillage Member
Registered: 05-24-2003
Student Loan consolidation
Sat, 03-19-2005 - 12:40pm

Hello

I am getting these junk mails that say I should consolidate my student loans now before intrest rates go up. Is there any truth to this? Will consolidating hurt my credit score? I have 2 student loans, one with sallie mae another with the university I graduated from. But I am in school again and have another loan with a third institution. All but the one at the university is in deferment, as I am in school again full time. Should I look into this further? Any help is appreciated. Thanks in advance.

Julie