<prompt> Human: I have a car loan at with 600 left before it is fully paid off. Im pretty far ahead on the payments as my next payment isnt technically due until 2016. I also have some school loans that will be coming due to begin in June. They are both the same interest so does it make sense to just start paying the school loan and leave a balance on the car? Is there any benefit towards my credit for that or should I just pay it off and be done with it?  <response>: As others have said, dont worry about your credit. The real reason to potentially not pay off a loan is if you can put the money somewhere that it will make more in interest than what you are paying. Like, if you have a mortgage locked in at 4, but you are also putting money into some kind of fund that is making 6, then you should keep your money in the 6 fund until the 4 payments are due. But with a small amount like that left in your case, I wouldnt worry about it. 