2 loans
Hi, I have 2 personal loans. I've not missed payment on either. I recently did a consolidating loan to pay these 2 loans off, but now after reading several things about paying off loans and how it doesn't help your credit score, what do I do now? I can't afford to pay THREE loans now just to keep my credit score growing. Do I pay off one and leave the lesser amount one and keep paying on that along with this consolidated loan to help my credit? I "thought" consolidating was a good idea. Help, because I need an answer QUICKLY.
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Official comment
Hi Kerri,
Thanks for the question. We also saw the email you sent us in support@nerdwallet.com and answered that with a couple of resources we have that might be of help. Hopefully some folks here in the forum may have had experience with this and can relay their experiences to provide you with some help!
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