I have just one installment loan being paid off December 2016.
Should I apply for an installment loan that I don't need for foci scoring purposes. I am 70 years old, have 1 percent credit card utilation on total credit card available balances of $70000 and mortgage balance of $95000 and 2nd mortgage of $6000.
I would be interested on recommendations on whether I should apply for a new loan. Note: all my Fico scores are above 830.
Should I apply for an installment loan that I don't need for foci scoring purposes. I am 70 years old, have 1 percent credit card utilation on total credit card available balances of $70000 and mortgage balance of $95000 and 2nd mortgage of $6000.
I would be interested on recommendations on whether I should apply for a new loan. Note: all my Fico scores are above 830.
Starting Score: 734