09-16-2020, 06:02 PM
Rest assured there is more than one "credit score" so they can sell it to different people for different reasons. Watch your debt offers over the next few months and see if there's a subtle change in flavor.
I receive only "consolidation" offers, at low interest because my scores are high, but obviously based on some assumption about how I intend to manage my credit. However: my mortgage doesn't report, so I don't know how this assumption compares to credit histories that include a bank mortgage.
More likely a bank mortgage raises your score because "they" assume your debts are ultimately secured by a callable asset.
I receive only "consolidation" offers, at low interest because my scores are high, but obviously based on some assumption about how I intend to manage my credit. However: my mortgage doesn't report, so I don't know how this assumption compares to credit histories that include a bank mortgage.
More likely a bank mortgage raises your score because "they" assume your debts are ultimately secured by a callable asset.