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Hey guys,
I currently have a balance of roughly $6,500 on my student loans. Would paying this account off in a lump sum negatively effect my credit score? If so, for how long would you guess?
Thanks!
@Anonymous wrote:Hey guys,
I currently have a balance of roughly $6,500 on my student loans. Would paying this account off in a lump sum negatively effect my credit score? If so, for how long would you guess?
Thanks!
IMO don't concern yourself with a few FICO points if you have a chance to pay off any amount of debt. Becoming debt free is always my main priority.
From a BK years ago to:
7/09 TU-742 EQ- 779
8/09 TU-765 EQ- 783
9/09 EX pulled by lender 802
You can do the same thing with hard work
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