<prompt> Human: My dad is kind of a liar when it comes to finances and can be pretty controlling when it comes to money. He and I have arguments over the 60k they signed in Parent PLUS loans all the time and basically told me they were paying for when I learned about them freshman year, while I have 50k in loans in my name that Im paying for already. I have an old car from 1993, renting an apartment, and no assets to my name except a slowly growing retirement account... hopefully my reluctance to take on the extra loans is somewhat understandable to reddit. One of his latest arguments to justify me taking on their PLUS loans is thata. the more interest I pay, the more tax credits I get back and I would get the full tax benefit of paying interest on these loans I called him on this lie since I paid student loan interest and taxes last year and know that Im barely under the income level to get any tax credits at all, but he refuses to admit hes lying andb That the more debt I take on and eventually pay off will look better for my credit. For instance, he claims paying off 100,000 instead of just 60,000 will increase your score somehow.Now, I dont have a lot of experience with debt, but item b sounds wrong. According to what Ive found out about credit scores, the things hurting me the most are the average age of my credit lines 2.5 years and the number of accounts Ive had less than 16. I cant really find anything that confirms the amount of money youve once owed matters. Eagle-eyed redditors of the internet, can you help me debunk or confirm this?tl;dr Does the amount of money youve paid off in debt affect your credit score?  <response>: Your father cant transfer a Parent PLUS loan over to you. Therefore, even if you make payments on it under their name, you would not receive:a Tax deduction.b A better credit score. 