student loans

Discussion in 'Credit Talk' started by Mike, Mar 18, 2001.

  1. Mike

    Mike Well-Known Member

    I recently paid these off in full with no lates, would this significantly boost my score?
  2. Dallas

    Dallas Guest

    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.
  3. ALAN

    ALAN Well-Known Member

    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?

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