You're trying to give yourself the best options financially.
When I was considering whether to repay my student loans more quickly than required, I wondered at this advice and really wanted to understand why that might be the case.
So we're not talking about a 200-point dip in your score for paying off your student loans early.
Meanwhile, if you in a position to pay off your student loans, you're looking at saving on interest payments.
I refer you back to my wild Saturday night where I stumbled across something from the FICO Banking Analytics blog.
The people who calculate the most widely used credit score write "I'd like to set the record straight on exactly how student loan debt is factored into the FICO® Score." "A student loan receives no special treatment by the FICO® Score; it is treated like any other installment loan." Oh...