Tuesday, September 23, 2008

Beacon Scores Explained ... part 5

Today's post in our continuing series on the components that make up your Equifax Beacon Score is on "Type of Credit"

Score Weighting: 10%

Notes: Bank loans, credit cards, and revolving credit accounts all impact you differently. All credit cards with no loans or vice versa is not necessarily the best mix for the highest possible score.

Check back for our next posting in this continuing series - look forward to seeing you again soon.

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