No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
I've heard that once you buy a house your credit score increases. I can see reaons for it increasing and decreasing but curious to know the real deal!
Some people do see a benefit from adding a mortgage loan to their profile. It improves your mix of credit. At the same time, it adds a new account, so you'll get dinged for an inquiry and lowering your AAoA.
Make perfect sense to me! I won't be looking for credit after I close on my place so it will be a good time to garden. (Not that I'm not gardening now... it's just that nothing is growing...) Lol!
Great info! Thank you!
@NY_Beauty wrote:Great info! Thank you!
Yes an a mortgage TL will also help down the road on maxing your score since you will have a nice mix on your account mix..