I read that student loans are neutral to your score, until you have paid them down 60%. Then they are suppose to start to effect your score. Your score may have already received a boost.
Do student loans help out at all when it comes to paying taxes and history on credit reports? I have heard that its not a good idea to pay off student loans immediately, rather, one should make payments over a period of time and this will help out on taxes at the end of year and make ones credit report look better as well. If a person has to the money to pay off a loan completely, should that be done or should payments be spread out over time?
