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WSPNACHO

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why did my credit lose 4 points if i am paying loans on time? No CCs at all
I only have 2 student loans. One Federal and One Private. I have been making my payments on time and over the last month and a half my credit score has been going up. Last week my credit score went down 4 points. Why?? Is it because I don't have credit cards too.

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Yes. To have the best credit score, you need to demonstrate good payment history on both installment loans (like student loans) and revolving loans ( credit cards). When you first open a credit card, your score may briefly drop due to an inquiry and a new account. But it will go up after a few months. 

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