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