Hi guys! I'm planning on paying off one of my student loans in full. This one is particularly small in size (~2,500), but has a higher interest rate than the others. I've been told this would be a good idea; pay off your higher interest rates loans as fast as possible, then pay off the others. BUT, a friend of mine did this and saw her credit score plummet. Should I go ahead with my plan? Or should I just pay it off as planned within the next decade of my life and let my credit score stay where it's at (~720)?
June 15, 2017 at 12:00PM
