I have some credit card debt that is about 3 years old. It has messed up my credit (and spare me the lectures about being a thief who didn%26#039;t pay his bills.) anyway, it knocked my credit about pretty badly. Now, for the past 4 years, I%26#039;ve had student loans. and for the past 2, they have been in repayment. I have never missed a payment and don%26#039;t plan too. How much is that going to help raise my credit score from what it was due to the past debt?
How much does paying student loans boost credi?
A whole lot more than not paying them would!
How much does paying student loans boost credi?
On time payments are good, but you are going to have to pay off the bad debt to get your credit cleaned up. Sorry.
How much does paying student loans boost credi?
Just keep paying. I am in the same boat. Some people get a side job just for CC bills. Not a bad idea. Another good way to go is really work hard on 1 of your CCs. The one with highest balance or interest rate. It is easier to pay one off at a time, then do the next. So basically, over pay what you can everymonth but only on this CC. As you keep paying, especially if you overpay, your CC score does go up. But it does take a while because you need to prove yourself to the credit agencies for your score.
How much does paying student loans boost credi?
That will help a lot, I went from bad credit to good by paying of my student loans.
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