Credit Cards More Important Than Mortgages Or Car Loans

Posted by on Nov 28, 2012 in Blog | Comments Off on Credit Cards More Important Than Mortgages Or Car Loans


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.