Oct 21, 2025 · Everyone says that paying down my debt as quickly as possible is the most responsible thing to do, but not many people discuss that it’s normal to see a temporary dip in …

Jul 9, 2024 · Learn how paying off your student loans affects your credit score, and why it’s still good to pay off your loans even if your credit score can dip.

Borrowing and paying back student loans can do wonders for your credit history, but missteps like skipping payments or defaulting can send your score plummeting.

Aug 20, 2025 · When you take out a student loan, it becomes part of your credit history, influencing your creditworthiness. A credit history shows your borrowing and repayment …

Sep 23, 2025 · Paying off student loans can cause a short-term dip in your credit score. That happens because it reduces your credit mix and lowers the average age of your accounts.

Jun 6, 2025 · Missing a student loan payment or paying late can harm your credit score. Payment history is the most important part of your credit score, and even one missed payment can stay …

Apr 24, 2025 · Just like any other loan, your payment history on federal student loans accounts for 35% of your overall FICO score. This means that if you pay your loan on time, you get credit …

Oct 3, 2024 · Falling behind on student loan payments can negatively impact your credit score. Missed or late payments are reported to credit bureaus and can remain on your credit report …

Paying off a student loan can cause a temporary dip in your credit score by closing an established account, which shortens your average credit history length. Your credit mix, a factor in your …

Jun 8, 2025 · When you pay off a loan or credit card and close the account, it affects your total available credit, credit mix, and length of your credit history. Changes to all of these factors …