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FrustratedandHopeless

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Student loan interest acrrued---credit scor plummeted...why?
I have been rebuilding my credit for about 2 years after making some stupid decisions as an 18 year old. I graduated college in May 2015 and started paying on my $64k in student loans in December 2015. It shows my student loan balance just increased by about $1.6k this month and in turn my credit score plummeted 44 points. I am assuming that was interest accruing by why in the world did that plummet my credit score? I am making my monthly payment as agreed with my student loan company. How am I ever supposed to rebuild my credit if the loans are just going to plummet my score every time interest accrues? Someone please explain this to me.

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if you just make the min required payment then you will be paying on your student loan forever.   You need to pay as much as you can.   ( that is if you have all your other debt paid off )

Google Dave Ramsey and the 7 baby steps. 

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