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Posted in Student Loans
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Question By
salliebunny

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Student loan payoff
I would like to purchase my first home should I pay my student loan off? It is also the only debt I have

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I believe the general take is to apply for the home just before you pay it off. Once you have secured the home loan, then finish off the student loan.

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Reply by
I814K3

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This is generally true. When you pay off that account you will no longer have any credit account and will actually hurt your score.

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