Does having no credit cards or loans hurt your credit score?

I have had mortgages and credit cards and car loans, but now I have none at all. Is this bad for my credit score? Would getting just one low limit credit card be better than not having any at all?

Financial Advice Needed - What would… PLEASE READ EVERY WORD TO FULLY UNDERSTAND. What would you do? I had a credit score of 730, but recently it went down to 640 because credit card companies are minimizing my credit limit making…

Does having no credit cards or loans… I have had mortgages and credit cards and car loans, but now I have none at all. Is this bad for my credit score? Would getting just one low limit credit card be better than…

Trying to raise my credit score!!? Ok so I am wanting to try and buy a house this summer so I am in the process of fixing my credit score. Let me go into some details about it. I check my…

Is it possible to have a great credit… Is it possible to have a great credit score with loans only and no credit cards? I have bank loans for cars and personal loans but due to my inability to control spending on credit…

Will applying for another credit card… I currently have an average credit score. I am a college student that holds two major credit cards for about 5 years now and two minor cards (for about 5 years also) with a few…

What Do I Do About The Mortgage And… My Grandmother recently died and she owned 3 homes had 2 car notes 5 credit cards and an equity line. She owes almost 350,000.00 In Mortgages 300,000.000 In Small Business Loans 80,000 Car Loans 25,000…

Random Questions

I’ve Been DOOMED…. Any Suggestions?
Hello My Fellow Community Members…. I’ve Been DOOMED and I don’t know what to do about it as I’m already starting to feel the affects… “Denied: TOO MANY CREDIT BUREAU INQURIES“ I recently financed a vehicle with …
down payment assistance and moderately ok credit lender suggestions
HelloNeed tips/suggestions to help become… I've heard so many different things. I've heard it's best to have 2 major credit cards but I only have one. I heard that credit should be perfect. I have …
Paying off maxed cards all at once. Red flags?
Kind of poked around but did not find any solid answers. Here is my situation:Close Maxed Out Cards Can i close a maxed out card?I have 2 30-day lates from First Premier even after I …
From Bad Credit to Owning a Home – I Finally Closed!
In October 2013, I had a personal financial downturn when I quit my job to move back home with my parents to get out of an abusive relationship. Long story short, I had 2 charged …
Dumb question??
how do I find out when exactly accounts are supposed to drop off my report? I know the usual SOL route but is there any other way to go about it? Thanks in advance!!****Dumb Question …

Random Posts

Hazard insurance premium was overpaid for the last 3 years but no refund was issued. Advise needed?
For the last three years, since I acquired my loan, I have always paid my insurance company directly for property/hazard insurance. I just found out recently that as part of my monthly mortgage payments, I …
How much does mortgage interest add up to?
People have left college got jobs and then taken out mortgages for a house. That sounds like suicide to me because they have student debt and now contract payments to meet or they lose it …
My mom and I have the same first and last name, i just found out her bad credit is on my credit. How do i fix?
I recently found out that my credit has activity and accounts on it that are not for me, they are for my mom. Who do I contact to fix this problem. Credit is so important …
My credit score is 724, how many years of financing for a new car could I get?
The price range is 11,000 to 16,000 and I’ll be putting down probably 2,000 as a down payment. It will be a 2010 or 2011 car. Hopefully the new chevy cruze. Anyway I’m pretty new …
I have a quick housing question:?
I have three options to finance a house that Iplan to live in for 10 years. For option 1, I am getting a 30 year loan at 6.75% interest. For option 2, I am getting …

Random Topics

what job is it when you pick and decorate a house with furniture to sell it?
to sell a house.NOT the furniturewhat can i do to make aarons come take… i rented furniture from aaron's rental and leasing store i had the furniture for 13 month's paying 147.00 a month i …
Which is the best site that gives complete information about the Debt settlement?
Hi yahoo answers i need detail information about the debt settlement…I need some answers about debt… I have some serious debt issues and need some help. I talked to a debt settlement company, but I …
Furniture Card Recommendations?
Advice on a good furniture card w/ good lengthy financing for someone in IL w/ my scores….Furniture Card? Advice on a good furniture card w/ good lengthy financing for someone in IL w/ my scores.... …
I just finished paying off my home mortgage, what documents should I…
…receive from my mortgage bank? Are there any documents i should get from my county?Did Bank of America Foreclosing on… What kind of incomplete mortgage documents they had made?Obtaining a copy of mortgage loan documents? …
When do we pay the first years insurance on a new home purchase. And is this part of closing costs o
How much should we save for closing costs? If the purchase price of the property is $130K, and we have $4000 for a down payment, then how do we calculate how much we should be …