<prompt> Human: Info:Currently 24 years old. I have basically no credit. My first loan that I received was 19,000 from Toyota recent college graduate program for a new car. The interest was just under 5. Monthly payment is 260.My current income is 65,000 a year. My total monthly expenses with the car loan included sits right around 1200 - 100. I currently have 17,300 sitting in a savings account that I have saved up.I will be switching jobs soon due to the plant I work at shutting down. Ill be taking a pay decrease to 50,000 a year. Id love to just get rid of the 260 a month payment. Basically I would like to know if continuing the payments would be worth it for my credit rating, or should I just pay it off to save on the interest and give myself more money to save per month?  <response>: Never keep a line of credit open that is costing you money just for the sake of your credit score. If you have the means to pay it off without hurting your emergency fund or other retirement goals then it would be advantageous to do so. 