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No revolving credit/debit

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Anonymous
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No revolving credit/debit

I have paid off all debit, however, I dont have a real credit card so i have no revolving credit. Will this hurt me? What else should I do to continue to increase my credit score?

Thanks in advance

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boomhower
Valued Contributor

Re: No revolving credit/debit

For a high score some type of revolving really helps.  Depending on what appeals to you either a rewards card like the Discover IT or Chase Freedom would be good options.  Since you are debt free and don't carry balances that's the route I'd take and make some money for your regular spending.  If you would prefer a low interest card in case you would ever need to carry a balance the DCU card or Barclay Ring would be good options. 

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