09-15-2013 12:01 PM
In reviewing my CR I realized that my auto loan, student loans would be falling off my credit report in 3 to 4 years. So only having an Amex Gold Rewards Plus Card since 1993 and a Chase Freedom from 2005 I applied and got approved for 3 credit cards. I plan to use them responsibly to and for them to age as not to have a too thin of a credit profile, when those other loans fall off my CR. Will this make up for not having an installment loan or mortgage appearing on my credit report and in turn keep my fico scores up in 3 to 4 years? I know I took an initial ding on my scores now but I'm looking toward the future. In 3 -4 years I plan on securing a mortgage.
09-15-2013 02:10 PM