great_and_mighty_adam_levine asked:


Basically, how current is the credit agencies records?

Under normal conditions, my credit utilizaiton varies wildly.

When applying for credit, I generally want 10-20% credit utilization. I can make that happen, but I wanted to know:

How long after I make it 10-20% should I apply for credit?
How long do I need to hold my credit utilization at 10-20%?

Michael

leanora asked:


My current credit score is 745 and I’ve built it solely by using credit cards and paying on time (but never had any loans). Somebody told me that the abscence of installement-paid loan will prevent my score from climbing much higher. Is it true? Should I take some consumer loan to boost my credit score since I am planning to apply for a mortgage in the near future?

Sara