Actually installment loans are better for your score then credit cards.
Being secured, they show long term payment history%26#039;s and better reflect your ability to manage money and make monthly payments as agreed.
Is credit card debt different from a personal loan or a car loan? Which kind is better for your credit history
a debt is the same no matter who you owe a loan is a loan -- i believe that it does not matter either way on credit history as long as you treat both the same - borrow and pay responsibility%26#039;.
Is credit card debt different from a personal loan or a car loan? Which kind is better for your credit history
try this it%26#039;s help you hope all your needs about many kind of loans visit
Is credit card debt different from a personal loan or a car loan? Which kind is better for your credit history
Yes, credit card accounts are called revolving accounts and are different than personal or car loans which are installment loans. Installment loans reflect better than revolving accounts on your credit history.
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