Total financial obligation and you may borrowing from the bank combine. The brand new FICO credit scoring program does like profiles with lots of borrowing account, and a mixture of rotating borrowing from the bank (profile including handmade cards, that credit within a particular borrowing limit) and you may repayment borrowing from the bank (money instance mortgage loans and you may car loans, that have a flat amount of fixed monthly payments).
Credit ratings reflect your own full a good debt, and kind of borrowing you may have