Credit Mix Analyser Tool: Improve Your Credit Health
A healthy mix of credit types accounts for 10% of your score. Check which types you have and learn how to diversify responsibly.
What Credit Do You Have?
Select all the types of credit you currently use.
Your Credit Mix
Analysis
You have no active credit accounts selected. A good first step is often a credit builder card to start your history.
Why Credit Mix Matters
Lenders want to see that you can responsibly manage different kinds of debt. A mix of 'revolving' credit (like credit cards, where you can borrow and repay flexibly) and 'instalment' credit (like loans, with fixed payments) is ideal. It shows you're a versatile and reliable borrower.
A Word of Warning
Do not apply for new credit you don't need just to improve your mix! Each application creates a 'hard inquiry' on your report, which can temporarily lower your score. Only add new credit types when you are financially stable and have a genuine need for them.
More Credit Tools & Guides
Hub
Tools Hub
Explore our full suite of free financial calculators and tools.
Tool
Credit Utilization Calculator
Calculate and understand your credit utilization ratio.
Tool
Debt Assessment Tool
Get a free, AI-powered recommendation for your debts.
Tool
Budget Balancer
Create and manage your monthly budget with our interactive tool.
Tool
AI Document Generator
Generate legally-sound letters to send to your creditors.