 TITLE: Don’t Kill Your Credit Score: 5 Strategies to Help It Thrive CONTENT: 2\\. Do Not Stick to Just One Type of Credit\n-------------------------------------------\nAnother factor that plays a role in your credit scores is your \"credit mix,\" which is how many different types of revolving and installment credit loans you have. It accounts for 10% of your FICO® credit score.\nYou don't need a ton of different credit accounts, but people with the best scores typically have a diverse portfolio of credit accounts. That may include a student loan, a car loan and a couple of credit cards.\nOf course, you shouldn't take out new credit just for credit's sake, but even if you're averse to credit cards, it's probably wise to have at least one or two in your wallet to diversify your credit mix. END