cancel
Showing results for 
Search instead for 
Did you mean: 

Variety

Contributor

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.
2 REPLIES
Super Contributor

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

Re: Variety

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