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CreditQuest2015

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For better FICO score, better to have different sources of credit for car loan and credit card?
I have established credit through USAA for a Mastercard. I am looking to purchase a car and am thinking about going through USAA for the car loan. For FICO score, is it better to have different sources (lenders) for credit or does it matter? Should I get car loan through a different company to show breadth?

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Revolving accounts have more weight in scoring, but it is good to have an installment account as well. The basic credit building tools are three credit cards and one installment loan that is reported to all three credit bureaus. It is very important to make sure a lender will report a loan to all three credit bureaus before applying for it. As far as which lender to go with, it really doesn't matter, the same lender is fine if you wish.

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