what looks better?

[Anonymous]

I have a number of student loans out, and Im wondering if it would look better credit wise if I make payments each month ( pay a little more than required) or work like a maniac to pay it all off within a year?  Everything seems to be awful except my length of credit history.

[MarineVietVet]

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@Anonymous wrote:

I have a number of student loans out, and Im wondering if it would look better credit wise if I make payments each month ( pay a little more than required) or work like a maniac to pay it all off within a year?  Everything seems to be awful except my length of credit history.

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IMO it's always better to pay any debt off as fast as possible. Being debt free should always be your #1 goal.

From a BK years ago to:
9/09 EX pulled by lender 802
3/10 EQ- 800
4/10 TU -772

You can do the same thing with hard work

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[daisyduke]

If you have the extra money to throw at the student loan debt, I would probably do that. However, with that said, isn't the interest rate on SL's like REALLY low? You will see more of a bump in score of throwing extra money toward any CC debt (if you have that) and getting utilization down versus throwing extra money towards an installment loan - they are not "scored" the same. AS Marinevietvet said, being debt free is always a good thing.