https://ficoforums.myfico.com/t5/Student-Loans/SERIOUS-QUESTION-AND-I-NEED-YOUR-ADVISE-FROM-THE-EXPERTS/m-p/532535#M3465 <P>Your score&nbsp;may go up or it may go down; it's very hard to say, but probably only by a few points.&nbsp; However, the tradeline itself will stay on your report&nbsp;for 7 years (if it has any lates or other negative information) or 10 years (if it's a clean tradeline).</P><P>&nbsp;</P><P>Go ahead and pay it off; save yourself the interest.</P><P>&nbsp;</P><P>&nbsp;</P><P>ETA: I'm not an expert, but I answered anyway.</P><DIV class="message-edit-history"><SPAN class="edit-author">Message Edited by Mike14 on </SPAN><SPAN class="local-date">07-10-2009</SPAN><SPAN class="local-time"> 03:44 PM</SPAN></DIV> Fri, 10 Jul 2009 19:44:34 GMT Anonymous 2009-07-10T19:44:34Z https://ficoforums.myfico.com/t5/Student-Loans/SERIOUS-QUESTION-AND-I-NEED-YOUR-ADVISE-FROM-THE-EXPERTS/m-p/528827#M3427 hey guys i need some advise, I'm trying to eliminate some monthly bills and i wanted to know would it effect my credit score if i was to pay off my school loan in full since the balance is only 955.00, the only reason i been keeping from paying it in full because it was the longest history on my credit report and the only thing really showing i had credit, my scores are trans 698 equfax 711. Now that i have a car loan and i been paying it on time even tho its only been 2 months, do i really need to keep that school loan on my report or can i pay it off in full without it dropping my scores what should i or what do i need to do guys , please help thanks Thu, 02 Jul 2009 20:10:02 GMT https://ficoforums.myfico.com/t5/Student-Loans/SERIOUS-QUESTION-AND-I-NEED-YOUR-ADVISE-FROM-THE-EXPERTS/m-p/528827#M3427 bsal 2009-07-02T20:10:02Z https://ficoforums.myfico.com/t5/Student-Loans/SERIOUS-QUESTION-AND-I-NEED-YOUR-ADVISE-FROM-THE-EXPERTS/m-p/532535#M3465 <P>Your score&nbsp;may go up or it may go down; it's very hard to say, but probably only by a few points.&nbsp; However, the tradeline itself will stay on your report&nbsp;for 7 years (if it has any lates or other negative information) or 10 years (if it's a clean tradeline).</P><P>&nbsp;</P><P>Go ahead and pay it off; save yourself the interest.</P><P>&nbsp;</P><P>&nbsp;</P><P>ETA: I'm not an expert, but I answered anyway.</P><DIV class="message-edit-history"><SPAN class="edit-author">Message Edited by Mike14 on </SPAN><SPAN class="local-date">07-10-2009</SPAN><SPAN class="local-time"> 03:44 PM</SPAN></DIV> Fri, 10 Jul 2009 19:44:34 GMT https://ficoforums.myfico.com/t5/Student-Loans/SERIOUS-QUESTION-AND-I-NEED-YOUR-ADVISE-FROM-THE-EXPERTS/m-p/532535#M3465 Anonymous 2009-07-10T19:44:34Z