Credit mix considers the variety of credit types managed, such as installment credit (e.g., student loans, car loans) and revolving credit (e.g., credit cards), with a balanced mix generally helping credit scores.

Authors

• Person: Not available Organization: National Urban League
  Why Credit Reports and Scores Matter to Your Financial Health

Sources

• Why Credit Reports and Scores Matter to Your Financial Health nul.org National Urban League via serper

Referenced by nodes (4)

• car loan concept
• Credit Mix concept
• revolving credit concept
• credit score concept