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What is the Proper Mix of Credit?

• Cut up the credit cards, pay cash for everything, don't ever use financing! These are the instructions that some "financial gurus" give to their clients. 

• That is great advice if you want to have a low score or no score at all. While this might be decent advise to live by when it comes to most purchases, when it's time to buy a home you're probably going to need to borrow HUNDREDS OF THOUSANDS OF DOLLARS. 

• In order to maintain a great credit score and qualify with ease, you'll need to establish and maintain a healthy "mix" of credit. 

• When you look at these accounts as tools instead of money, you can make the rules of the game work in your favor. 

• In this quick video you'll learn about the proper Mix of Credit and how different types of accounts are vital to keeping a great credit score, which will allow you to make large purchases when necessary.

Reference 

Sam Parker  CEO - Owner   sam@mycreditguy.com  480-999-2550  http://www.mycreditguy.com