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Milestone 3: Revolving Credit + 14K Blueprint

FICO® Scores will consider your mix of credit cards, retail accounts, installment loans, finance company accounts, and mortgage loans.

To break it down for you there are only two main types of credit that you can have on your credit report. However, there are subcategories for each main category or credit type. The two main types of credit you can have are:

Revolving: Revolving credit is the debt owed on an account that you can repeatedly use and payback without having to reapply every time credit is used. Credit cards are the most common type of revolving accounts and weighed the heaviest.

Installment: is a debt that is paid at regular times over a specified period. Examples of installment debt include most mortgages, auto loans, personal loans, credit builder loans, and student loans.

The Perfect Credit Mix is how I improved my credit score. 

You want to have at least 3 to 5 revolving accounts. I recommend the following:

Account # 1 is a guaranteed 5k credit limit with a purchase of a $99 product. I recommend the G-Shock Watch.

Account #2 is another guaranteed 5k limit with a purchase of a $99 product. They have a lot of options to choose from, so get something you were going to end up purchasing anyway.

Accounts 3 & 4 are two additional guaranteed credit accounts that will approve you for an additional $4,000 in revolving credit combined. 

14K Blueprint Cheat sheet