Last summer i needed a small $500 loan to help pay for a class. I already paid $250 into it and I can pay it off right now actually. My question is would it hurt my AAoA if I competely pay it off right now? It's a 6 month old loan as of now. If I pay it off will it stay as a 6 month old account? If it does, my plan is to set the $250 aside and pay it off later down the road. It's a subsidized federal loan so right now it's still 0% interest.
Don't worry about the AAoA, as it won't matter that much in the long run. Don't let that be the basis for your decision.
If it were me, since it's such a small amount, and you don't have to worry about interest accruing, I'd keep the tradeline going until I was done with school and my grace period ended as far as interest goes. If I had any balance owed after that, I'd PIF before interest accrued. But that's just me.
TU FICO: 778 ||| EQ FICO: 784 ||| EX FICO '08 : 780