- 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
