<prompt> Human: I have 100k in student loan debt, spread out over 8 years and around 10 loans. I have received a check to pay this debt in the amount of 100k. nbsp;Will paying all at once have any effect on my credit? Are there other factors I should be considering? Thanks!  <response>: Pay it all now. Removes the possibility of spending the money on something else. Also if you wait, the balance will go up as interest accrues meaning youll owe more than 100k ultimately. 