- How It Works|
- FAQs|
- Help
- Log In to your account |
- Sign up now for free!
Credit Advice
Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!
Question
Will paying on my student loans monthly help raise my credit score?
Asked by
aalow
1 year ago
Flag this Question
2 responses
- Prev
- 1
Reply To This Question
The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.
Let the community lend a hand!
3 Most Recent Questions in Student Loans
student loan 120 days late but got paid and refinanced through another source
0 Responses
Asked by sarabam12
under Student Loans
My total debt is showing a loan detail that isn't mine. What can I do now?
0 Responses
Asked by nicmikjo
under Student Loans
Credit Card Offers Just For You
These are the most popular credit card offers from Credit Karma members with credit similar to yours.
Credit One Bank® Visa Platinum Card
- Pre-Qualify for a Visa credit card without affecting your credit score
- Get a starting credit line up to $1,500
- No enrollment fee
Capital One® Secured Mastercard®
- Get the credit you need with no processing fees or application fees
- Automatic reporting to the 3 major credit bureaus
- Track credit with access to your credit score and other tools
Copyright© 2007-2012 Credit Karma™, Inc. Credit Karma is a registered trademark of Credit Karma, Inc. All Rights Reserved. Product name, logo, brands, and other trademarks featured or referred to within Credit Karma are the property of their respective trademark holders. This site may be compensated through third party advertisers.
Depends on your situation as to whether or not your score will go up. There are many different factors that go into your score. But, with all things being equal, your score may go up a little over time, but if you have been making paymets on all debt, then it will likely not move much. However, if you don't pay on it, your score is likely to drop like a rock.
phnxangell 1 year ago
"Dido" if you are currently in school, and you have chosen to defer your payments until after you graduate then paying off them will look good on your credit, however most likely it will only impact your score by a few points. But if you have graduated and your time to pay the student loans off has started if you don't pay on them your score will definitely decrease
snmartin 1 year ago