Розуміння кредитного міксу

The Credit Mix Factor

Credit mix accounts for 10% of your FICO score. While it's the smallest factor, it can be the difference between a 690 and a 730.

Types of Credit

Revolving Credit — Credit cards, HELOCs

Installment Loans — Auto, personal, student loans

Mortgage — Home loans

Retail Accounts — Store credit cards

Finance Company Accounts — Buy-now-pay-later, furniture financing

Ideal Mix for Business Owners

2-3 major credit cards (not store cards)

1 installment loan (auto or personal)

1 credit builder loan

Business credit cards (if possible)

Building Mix Without Risk

Credit builder loans — You make payments into a savings account, then receive the funds at the end

Secured credit cards — Backed by a deposit, guaranteed approval

Authorized user accounts — Get added to a family member's card

CreditBooster's Credit Builder plan includes strategic tradeline additions to optimize your credit mix.

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