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I have about 80,000 dollars of student loans.... 1

Date: Wed, 04/13/2011 - 23:36
Submitted by cannamike on Wed, 04/13/2011 - 23:36
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I have about 80,000 dollars of student loans.... 10 months derferrment for unemployment...my dad wants to pay it off in full now.....lump some...now isnt it better if the money is pay through me for a real boost to my 760 credit score or is it better he just pay directly.....or perhaps I pay for like a year monthly 80, 000 divided by 12 months, and my dad would transfer money into my account showing positively on my credit.....???

I would really appreciate your help in this matter


It will be completely you and your father's discretion as to how you'll pay off the student loan. You can take your father's help in paying off the student loan immediately. Or you can pay off the loan by making monthly payments toward it. Paying off the student loan (on a monthly basis or with a lump sum amount) will have a positive impact on your credit record.


Submitted by on Thu, 04/14/2011 - 02:08

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