"Eisboch" wrote in message
...

"D.Duck" wrote in message
...


I'm pretty much in the same position. I haven't had a loan payment in
over 20 years (FICO now 800+) and hopefully won't need one again in this
lifetime. For those that will need credit, the extra baggage on the
credit report won't help.




The last credit report I read indicated that my score was not as high as
it could be because I didn't have a mortgage.

??????????

I am like you and JohnH now. Now that I don't need it, I have all kinds
of credit available and I don't use any of it.

But, I also remember that it took me 10 years to pay off a small balance
on a stupid Hechinger's credit card that I had back in the Navy. Every
penny counted for many years.

Eisboch


I haven't had a mortgage since 1994. Maybe there's something else in the
Fair Isaacs formula. From what I understand their metrics and analysis
tools are a closely guarded secret.