Moderator Emeritus
Posts: 32,863
Registered: ‎08-04-2007
Re: Paying off car/credit scoreIn

OP, I recommend getting rid of those baddies first and adding another secured card. I disagree with adding any more loans. You can easily hit into the 800s with just CCs and some age. And the closed loan will continue to add to your mix. Adding more loans will also cut into your DTI which isn't good. I don't think you need to wait 3 years, but I bet you can hit into the 700s on all 3 with effort and time over the course of 6-12 months. The short history may be an issue though and I'd let that 1-yr old CC turn two before applying, IMO.....I don't know what other accounts you have closed besides the ones mentioned.