If you have a long credit history and an installment loan (like a mortgage), adding more installment loans won't have a significant impact on your credit score. If you are doing this to take advantage of 0% financing, that makes sense, but not to increase your credit score. I am at the same score and have just a mortgage and had one student loan paid off over 10 years ago. Zero car loans ever. |
| Oh man, I couldn’t handle the stress of more than one or two cards. |
Do you ever wonder why no one likes you? It’s because you make every conversation political thinking you’re clever. Be better. |
+1 I don't think there is any amount of money that could compensate me enough for having 15 passwords and receiving 15 statements every month
|
Right? Who lives like that? If you have money you don't need that many cards! |