Will repaying my loan early help my credit score more than repaying according to the original payment schedule?

No! We really recommend repaying your loan off according to your original schedule, unless you have a strong reason for repaying early. Credit bureaus take into amount the number of payments as well as the age of your credit account when determining your credit score. Longer repayment terms where the payments are all on time are more helpful than shorter, larger repayments.

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