internet dating marbella spain - Does consolidating student loans help my scores
The second is that while the FICO score is the most common "credit score," different lenders may use other scores or even have their own models to check credit.
Therefore, my advice may not apply to every kind of credit score.
I'll say again that I think you should almost never hesitate to pay down student loans early because it might impact your credit.
I certainly won't bat an eyelash when I have that opportunity because I believe a potential impact on my credit score will be outweighed by saved interest and the satisfaction of fully paying off my student loans.
You shouldn't categorically avoid taking any action because it may lower your credit score.