http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Good-TL-Student-Loans-pay-them-off-or-are-will-they-help/m-p/1643642#M212605 <p>I'd pay them off if it were me.  No chance of anything going wrong and no interest.</p> Mon, 15 Oct 2012 01:43:39 GMT Shogun 2012-10-15T01:43:39Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Good-TL-Student-Loans-pay-them-off-or-are-will-they-help/m-p/1643458#M212576 <p>I have 2 student loans totalling just under $8,000. I have to start paying on them in January, and they are currently reporting as &quot;pays as agreed&quot;. My question is, I have a very unique opportunity to pay these off in February...completely, or atleast very close to completely. Should I? 1 has an interest rate of 3.5% and the other 6.5%. The approximate monthly cost will be $80 which is terribly easy for me to afford. So, I don't believe these count toward my utilization...correct me if I am wrong. Will paying them off do anything other than relieve me of the debt/monthly payment or will keeping them open a few years first prove tasty to my credit score?</p> Sun, 14 Oct 2012 23:06:00 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Good-TL-Student-Loans-pay-them-off-or-are-will-they-help/m-p/1643458#M212576 sphinx313 2012-10-14T23:06:00Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Good-TL-Student-Loans-pay-them-off-or-are-will-they-help/m-p/1643642#M212605 <p>I'd pay them off if it were me.  No chance of anything going wrong and no interest.</p> Mon, 15 Oct 2012 01:43:39 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Good-TL-Student-Loans-pay-them-off-or-are-will-they-help/m-p/1643642#M212605 Shogun 2012-10-15T01:43:39Z