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IMO, no. For most people, multiple long term "paying as agreed" tradelines all get closed and become one brand new "paying as agreed" tradeline. Teh net effect is that you are left with only one open installment account with no history and a higher ratio to original balance.

You have to weigh the cost benefit. If for instance, you have five student loans each with 15K balances being paid at 7%, and you can consolidate into one 75K loan at 2%, then I would think it would be a no-brainer due to the huge interest reduction.

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