I was initially under the false impression Average Age of Accounts didn't include closed accounts. So at this point, since I opened a couple new credit cards in the past 2 months, and plan to get one more rewards card, I'm better off building my credit limit on my NFCU Visa which is at 10%, and just use the cash advance for a temporary personal loan as opposed to adding a new personal loan account and thereby dropping my AAoA down even further. That's probably the best rate I'd get on a personal loan anyways.
My scores are currently in the 715-735 range. Any recommendations on best place to go for a Personal Loan or Line of Credit. I've got some old debt I need to settle but am cash poor right now. I also am a Sole Properietor so not sure if I should instead apply for a Small Business Loan for more favorable terms?
Also, wouldn't a personal line of credit but more advantageous as can't you keep those indefinitely and therefore build a long payment history as opposed to a 3/4/5-year personal loan? I bank with Chase and have a DCU (Digital Credit Union) account that I've never used. I only opened the DCU account a couple years ago to get an Auto Loan but ended up using a different lender. I heard their credit card cash advance interest rate is the same as the regular rate. Seems like the rate on the Personal Loan/LOC would be better than a DCU CC?
Other names I've heard thrown around are SoFi, Upstart, Lightstream, etc. Also I have USAA Checkin/Savings/CC.
Navy Federal Plat credit card has rates in single digits
Penfed has a Prequal Page for Personal loans SP