But you can not consolidate a single consolidation loan by itself. (finaid.org)
If your current student loan debt exceeds 8 % of your income or if you have borrowed more then $ 5,000 in private loans and are struggling financially, a consolidation loan can help you avoid loan default, which negatively impacts your credit rating.You can not You can not consolidate private and federal student loans into a single consolidation loan because you lose the benefits of your federal loan. (debthelp.com)
Combining multiple debts into a single consolidation loan isn't just beneficial to your credit score; it can also make your monthly financial obligations more manageable. (creditabsolute.com)