Depending on your current financial and credit situation, a personal installment loan could help boost your credit score by adding diversity to your credit accounts and by creating a history of on-time payments.
Building your credit is an important part of financial stability. Most people don’t know much about credit scores, though. It takes time and a great deal of patience to build great credit.
One often overlooked part of your credit score is the length of your credit history. Most people don’t understand that this is an important part of how FICO determines your credit score.
