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Contributor
trudawg660
Posts: 83
Registered: ‎08-12-2007

Variety

I have been told that to help your credit score you need a variety of history. i only know of two kinds of accounts Revolving and Installment if there are any more please enlighten me.
Super Contributor
MidnightVoice
Posts: 8,158
Registered: ‎03-25-2007

Re: Variety

Mortgage, auto loan, store card, gas card, credit card - and they don't all need to be active.
 
That is a nice cosmopolitan mixture
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Moderator Emeritus
fused
Posts: 16,243
Registered: ‎03-12-2007

Re: Variety

Just make sure charge-offs, collections, judgments, liens and BKs are not part of your credit mix.:smileyhappy:

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