My husband and I just finished paying off $80k in student loan debt this month. (Holy guacamole it’s a relief to get that behind us.) From what I’ve gathered, we are expecting to see a hit on his credit score. We are now focused on super saving to buy our first home, potentially in the next 6 months or so.
Based on your experience, how long did it take for your credit score to bounce back after paying off all of your debt? Just wondering what to expect.
Not sure if it matters but his score is in the low to mid 700s (loan payoff hasn’t hit his score yet) and mine is in the low 800s. All student loan debt was in his name.
Thanks!
Submitted February 28, 2020 at 07:21PM by picklejar27 https://ift.tt/39cuBTA