Q) Can paying off student loans early hurt your credit score due to the length of the loan?
A) No, this is a common credit scoring myth. Paying off your loans early doesn’t have any impact on the age or “length” of the loan. A loan opened 3 years ago is still 3 years ago regardless of whether or not it’s paid off, paid off early, or still unpaid.
More common questions answered in the full post.
When you’re considering a job change, you need to compare more than just the salaries. Be sure to compare the health insurance and 401(k) plans, as well. Seemingly insignificant differences in what is offered from one company to another can cost you several thousand dollars over the course of a year or two.
…textbook prices increased 22 percent over the last four years, according to the Student PIRGs, or more than four times the rate of inflation. On average, students at four-year public colleges were estimated to spend $1,137 on books and supplies during the 2010-2011 academic year…