Do the Type of Creditors Affect your Score?
09-16-2012 08:21 AM
I remember back in the days of Norewest financial and American General (showing my age I know - lol!) that the type of creditor factored into your overall credit score. Does this still ring true? Does it make sense to close sub-prime cards (like Orchard and First Premier) and open a secured card w/ a CU? How many and what type of tradelines are optimal now?
Thanks for your input.