<prompt> Human: tldr: Keep 500 in loans for credit score, or is that silly. I have 2 college loans that are really low. One is at 100 from 9K and the other is 400 from about 14K 3 separate loans combined. I could at this time pay both off right now. But I kind of want to keep them cause they help my credit score. They dont require a payment for the next 10 years and are both at about 6 interest.I am in my mid 20s. I just financed a 14K car, no home, hope to buy in 20162017 maybe. Should I close them or just let em hang out and pay them slowly for the credit score. Assistant: Not sure how having these loans will help your credit score. I would pay them off.Human: Well I looked around a bunch and there are posts about people who pay off loans see small drops in their credit score.  <response>: A small drop in credit score is better than paying interest. Get a credit card with no annual fee if you dont already have one and keep it open forever, pay all the statements in full. Your student loans wont matter after a while. 