I'm kinda newish to the credit game (about a year). I have a credit of around 720. I was talking to my sister who had told me that, without a small loan of some sort, and paying it off (not all at once) then it doesn't matter if I have a good credit score or even amazing credit score… That not having a loan history deems you history-less and therefore when I need a mortgage for a house, the bank will look at my history and turn me down (most likely) for a loan.
Read more: https://allmortgage.net/forum/question-about-credit-and-loans.html
