https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Student-Loans/m-p/1967619#M70170 <P>Installment utilization is a tiny part of FICO scoring, unlike CC and revolving util. If you are still carrying balances on CCs, I'd consider paying that. Outside of FICO scoring, DTI should also be a consideration if that were ever an issue with the lender.</P> Sun, 17 Mar 2013 00:15:30 GMT llecs 2013-03-17T00:15:30Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Student-Loans/m-p/1967349#M70169 <P>I am desparate to get to a 700 so that I can refinance my home. &nbsp;In the last few months, my score has gone up by 30 points or so by strategically paying down certain debts. &nbsp;I'm at 696 right now. &nbsp;I have outstanding student loans of about $1,600. &nbsp;If I paid them off, would that improve the score by a few points? &nbsp;Or does it make more sense to pay down more of one of my credit cards? &nbsp;Thanks in advance!</P> Sat, 16 Mar 2013 21:46:25 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Student-Loans/m-p/1967349#M70169 jones2929 2013-03-16T21:46:25Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Student-Loans/m-p/1967619#M70170 <P>Installment utilization is a tiny part of FICO scoring, unlike CC and revolving util. If you are still carrying balances on CCs, I'd consider paying that. Outside of FICO scoring, DTI should also be a consideration if that were ever an issue with the lender.</P> Sun, 17 Mar 2013 00:15:30 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Student-Loans/m-p/1967619#M70170 llecs 2013-03-17T00:15:30Z