BudCle Posted September 14, 2004 Report Share Posted September 14, 2004 I have a student loan that is not in repayment yet. I want to pay it off it is only $500.00. Should I make a couple payments to them or just pay off the loan. I am looking what will have a more positive affect my FICO score more? Link to comment Share on other sites More sharing options...
admin Posted September 14, 2004 Report Share Posted September 14, 2004 Moving to Student loan section... Link to comment Share on other sites More sharing options...
direred Posted September 16, 2004 Report Share Posted September 16, 2004 I don't think it matters as long as you're not late. If you have the $, just pay it off. In the long term, paid is paid. Link to comment Share on other sites More sharing options...
BudCle Posted September 16, 2004 Author Report Share Posted September 16, 2004 So if I pay it off in full it will have the same affect as if I make payments? Link to comment Share on other sites More sharing options...
Ravenous Wolf Posted November 6, 2004 Report Share Posted November 6, 2004 In all reality, 500 clams is going to have miniscule effect on your FICO score.A credit score is based on responsible credit behavior and long credit histories over a period of years. Link to comment Share on other sites More sharing options...
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