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How many points will your credit score increase if you pay off your student loan?

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βˆ™ 2007-01-21 07:48:56

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Probably not very much. Credit scores are built around paying on time, how much you currently owe, and how long you've had credit. Paying off a loan won't raise your score much, but an on-time paying history for that loan will be a real good thing for your score and report once it appears.

2007-01-21 07:48:56
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Q: How many points will your credit score increase if you pay off your student loan?
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