Taryn Andre Taryn Andre

Understanding Credit Types: The Mix That Makes (or Breaks) Your Score

Understanding the various types of credit and how they impact your credit score is crucial in financial planning. This post delves into the different credit types - from revolving credit like credit cards to installment loans and mortgages - and examines their pros and cons. Learn how a balanced mix of credit can boost your score and what pitfalls to avoid in managing each credit type. Whether you're new to credit or looking to optimize your financial narrative, this guide offers essential insights.

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