What types of credit is needed to get a high score?

Question by jade_blu_eyes: What types of credit is needed to get a high score?
My credit score is about 615. I am working on improving my score so that I tin qualify for a mortgage loan with low financing in about a year or so. I currently have an auto loan, and 3 revolving credit accounts. (All bank credit cards) Two of the revolving accounts are new, and the other almost a year old. My auto loan will be a year old in July of this year. Should I apply for more credit to get my score higher? If so what type of credit? What is a good mixture of credit to have to get a person’s score higher? Any advice is appreciated. Thanks!

Best answer:

Answer by duda2011
Keep what you have. The most important thing is to pay the bills before they are due. Also keep the balances on the CC’s low or better yet pay them off every month.

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