Mix of Credit

This is one of the most overlooked and easily manipulated areas of your credit profile. The "ideal" credit profile is a person who has one or two mortgages, one or two installment loans, and 3-5 credit cards. This is because it is better to have a potential borrower who has experience with all 3 types of credit: mortgages, installment loans (loans with regular repayment plans), and credit cards. By obtaining some secured credit cards, you can hit that ideal range of 3-5 credit cards and start maximizing your score. For more information contact us for a free consultation: 1-866-997-6591