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I have a loan with Fed Loan Services. I'm new to all this credit reporting and everything so I just had a couple questions that I would appreciate an answer to.
Loans are on pause until January 2013. Amount is out for $15,000 and expected payments are $200/month.
1) Would it make a difference to my credit score if I overpaid my student loans?
2) Does having the loan on pause look bad on my credit?
3) Will paying off the student loan look good on my credit?
I know they're dumb questions, but I really have no idea how all this works!!!
I appreciate all the help I can get! Thanks!
1. No
2. No
3. No