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Hi,
I only have $1100 left on my student loan and pay $125/month. It was up to $9000 at one point. I plan on buying a home next year, should I pay off the loan or leave it to show a revolving acct? I can totally pay it off if it'll help me but its my only loan so Im not sure if I should or not. Thanks
It wouldn't hurt to have it completely paid off a good 60 days before you apply for the mortgage.
The loan will report for at least another 7 yrs after it's paid....