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I have two personal loans outstanding
1) Balance $1,700 ...30 payments made...6 payments left ...payoff amount is $1,620
2) Balance $4,300 ...20 payments made...16 payments left...payoff amount is $3,950
I want to payoff one of them, obviously I save more by paying off #2 but does this in any way hurt my score? Never late on either loan
What would you do, payoff one or continue paying out both on a timely basis?
Thank you
My thinking was to pay #2 off and finish paying out the next six monthly payments on #1
thanks