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Secured vs Unsecured Balancing Your Credit Diet for a Better Score
A balanced mix of secured and unsecured credit improves your credit score by signalling responsible debt management and diversification.
Credit mix remains a key but often overlooked component of your credit score. Lenders prefer to see both secured (home, auto, gold loan) and unsecured loans (credit cards, personal loans) in your profile.
Having only unsecured debt makes you look riskier. Introducing even a small secured loan can diversify your profile and push a marginal score closer to 750+.
A balanced credit diet signals maturity in debt management and positively influences your long-term score trajectory.