Credit mix accounts for 10% of a FICO Score and involves responsibly managing different types of credit, such as installment credit (student loans, car loans) and revolving credit (credit cards).

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)

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