Re: Car loans and mortgages, question
Things that affect your ability to get a loan are credit score, debt to income ratio, and length of history*.
*There are different types of credit. When you use your credit card and pay it off, it's different from a structured monthly loan that you pay off. If you only had one or the other, having a scheduled loan that you've paid looks better than paying a credit card that you only use once every few months.
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