Credit score


@SlimT wrote:

I'm wondering if taking out another unsubsidized loan and paying it off in full will be a good idea to build credit over the long run.


The folks at Experian believe that to be the case (see the link below). However, if you already have above average credit, you might be better off just continuing to pay any current loan installments and your other bills in a timely fashion rather than adding new debt.

 

See https://www.experian.com/blogs/ask-experian/do-student-loans-help-build-credit/