Credit Cards More Important Than Mortgage or Car Loan

Posted by admin on Nov 28, 2012 in Blog | Comments Off on Credit Cards More Important Than Mortgage or Car Loan

For healthy credit scores, make sure you have the right kinds of credit, which accounts for 10% of your score. Your revolving credit, meaning credit cards, on which you control how much you charge and pay off each month, carries more weight than fixed payment installment debt, such as car loans and mortgages.