@Anonymous wrote:So I just had all negatives removed and it propelled me into the 800;s on all 3 bureaus. I have the following accounts in my name :
Wells Fargo Credit Card $7500.00 limit 0 owed.. reports to all 3 bureaus
American Express Green card 0 balance owed ...reports to all 3 bureaus
Nc State employees CC $3500,00 Limits .....0 owed reports only to EQUIFAX
NC State Employees unsecured $20,000 line of credit 0 owed reports only to EQUIFAX
Ally Financial Truck payment $39800.00 owed never late ( will be refinancing to NC State Emloyees credit union next month ref divorce will only report to EQUIFAX and not to all 3 bureaus.
Those are my accounts that are active now and I have 2 mortgages 15 and 25 years ago paid perfect.
What should I do to maintain perfect credit with all 3 bureaus? Do I have enough Credit Cards and line of credit now to build a nice file? I will be applying for a mortgage in 2 years probably and will be gardening until then. Remember all accounts with the NC state employees credit union only report to Equifax not all 3.
Re: What is the PERFECT credit mix for a high score?
There is no single answer to this question, and there is no right or wrong answer. What may be "perfect" for one person, may not be so for another.
Like "good/better/best", perfect is subjective.
From the information you've provided, it would appear you've done very well for yourself. Why not continue doing what you're currently doing and be satisfied with your accomplishments? Only you can determine if you have enough credit cards and lines of credit. You're in the 800s with what you currently have. Terms aren't going to get any better as far as what a lender will offer; you're already likely to get the best terms available with your current file.
Kudos to you for what you've accomplished. As the song says, just "keep on keeping on". 
@Anonymous wrote:So I just had all negatives removed and it propelled me into the 800;s on all 3 bureaus. I have the following accounts in my name :
Wells Fargo Credit Card $7500.00 limit 0 owed.. reports to all 3 bureaus
American Express Green card 0 balance owed ...reports to all 3 bureaus
Nc State employees CC $3500,00 Limits .....0 owed reports only to EQUIFAX
NC State Employees unsecured $20,000 line of credit 0 owed reports only to EQUIFAX
Ally Financial Truck payment $39800.00 owed never late ( will be refinancing to NC State Emloyees credit union next month ref divorce will only report to EQUIFAX and not to all 3 bureaus.
Those are my accounts that are active now and I have 2 mortgages 15 and 25 years ago paid perfect.
What should I do to maintain perfect credit with all 3 bureaus? Do I have enough Credit Cards and line of credit now to build a nice file? I will be applying for a mortgage in 2 years probably and will be gardening until then. Remember all accounts with the NC state employees credit union only report to Equifax not all 3.
I don't understand what you mean about the Ally Financial Truck payment, but basically if you want your scores to be "perfect" you would do pretty much what you are doing but pay off as much as possible of truck loan as fast as possible... ideal would be balance below 9% but above 1%.
Long term I do believe you would add something to your scores by adding one bank credit card (not charge card), but in the near future you might lose some points by lowering your average age of accounts and adding an inquiry.
When you refinance your truck loan I'm sure you're going to wind up losing a bunch of points short term, because all of a sudden you'll have a new loan with a high percentage balance. But you gotta do what makes financial sense. There's no point in obsessing about a "perfect" score... your scores are super high at this point, higher than you would need to get the best rate on anything; general consensus is that if your FICO scores are 760 or better, you can get whatever you want.
Since you have a 2 year timeline for the mortgage, if I were you I'd add the bank credit card now and do the refinancing now... take your hit on the points... after 2 years of no new credit inquiries or added accounts, I think you'll be in great shape for your mortgage.
@Anonymous wrote:
@SouthJamaica wrote:
@Anonymous wrote:So I just had all negatives removed and it propelled me into the 800;s on all 3 bureaus. I have the following accounts in my name :
Wells Fargo Credit Card $7500.00 limit 0 owed.. reports to all 3 bureaus
American Express Green card 0 balance owed ...reports to all 3 bureaus
Nc State employees CC $3500,00 Limits .....0 owed reports only to EQUIFAX
NC State Employees unsecured $20,000 line of credit 0 owed reports only to EQUIFAX
Ally Financial Truck payment $39800.00 owed never late ( will be refinancing to NC State Emloyees credit union next month ref divorce will only report to EQUIFAX and not to all 3 bureaus.
Those are my accounts that are active now and I have 2 mortgages 15 and 25 years ago paid perfect.
What should I do to maintain perfect credit with all 3 bureaus? Do I have enough Credit Cards and line of credit now to build a nice file? I will be applying for a mortgage in 2 years probably and will be gardening until then. Remember all accounts with the NC state employees credit union only report to Equifax not all 3.
I don't understand what you mean about the Ally Financial Truck payment, but basically if you want your scores to be "perfect" you would do pretty much what you are doing but pay off as much as possible of truck loan as fast as possible... ideal would be balance below 9% but above 1%.
Long term I do believe you would add something to your scores by adding one bank credit card (not charge card), but in the near future you might lose some points by lowering your average age of accounts and adding an inquiry.
When you refinance your truck loan I'm sure you're going to wind up losing a bunch of points short term, because all of a sudden you'll have a new loan with a high percentage balance. But you gotta do what makes financial sense. There's no point in obsessing about a "perfect" score... your scores are super high at this point, higher than you would need to get the best rate on anything; general consensus is that if your FICO scores are 760 or better, you can get whatever you want.
Since you have a 2 year timeline for the mortgage, if I were you I'd add the bank credit card now and do the refinancing now... take your hit on the points... after 2 years of no new credit inquiries or added accounts, I think you'll be in great shape for your mortgage.
Thanks , thats what I was thinking . I am going through a divorce and I am financing the truck from our names into my name (Ally Financial when I bought it ) into just my name at the Credit union. I have already been approved for the loan so no points lost there. Since 2011 I have 3 paid in full auto loans and now my truck. One was with
Ford motor credit new Explorer lease 24 month term perfect
Chase Bank 27K lexus Paid in full after 3 years 2 months
Nissan Financial (Wifes car now that I am on) she has to get it financed in her name so next month that will show paid in full on my credit. Paid perfect for the last 3 1/2 years
Thanks
Yes but:
1. you will lose points short term when the refi hits
2. when a loan is paid off most people report a drop in points rather than an increase in points (counterintuitive, but that appears to be the reality)
But that doesn't change my advice... make all these moves now, get them out of the way, add a good bank credit card now, garden for 2 years, pay off as much as possible of the truck loan over the next 2 years... and you will probably be golden when the 2 years is over for your mortgage app.
