That may be true but the wife and I put nearly all of our purchases on a mileage accruing credit card. We also pay it off every month. We own all vehicles and houses outright. We owe no one. My credit score can only increase by 4 more points.
I’ve never studied how to increase a credit score. It’s just the way we chose to run our finances.
EC
Seems to me what a high credit score is really about is rewarding the use of credit.
It’s a marketing ploy, especially now that it’s been made difficult if not impossible for employers and landlords to use it to assess risk.
We know a number of small businesses who’ve gone to cash or check because their margins are too low to be able to afford the transaction fees charged by credit card companies.
Of course that’s not a good sign for the economy, either, but you’ll note the enemedia never talks about that.
BTW, if you have any small businesses that you value, pay cash, even if they don’t offer you a discount. It’s better for their bottom line. :-)