 TITLE: Do Student Loans Help Build Credit? CONTENT: Paying Off Student Loans Can Have a Lasting Positive Effect\n-----------------------------------------------------------\nWhen you first pay off a student loan, your score might drop slightly. This can happen if your student loan was your only installment account, or if your remaining installment accounts have high balances relative to their original loan amounts. Generally, you don't have to worry about the small drop, as your scores will recover and may even improve in the months to come.\nAssuming you made your payments on time and paid off your loan by the due dates, your student loan can remain on your credit reports for 10 years after you pay it off. That's a good thing. While it's on your credit reports, the account's history can continue to positively impact the length of your credit history, your credit mix and your payment history—which all contribute to better credit. END