Before you treat your discrete variables as categorical, consider whether you should at least evaluate the linear component by treating it as continuous. For variables with partial orderings, or with both linear and nonlinear components, consider combining continuous and categorical variables together.
Believe it or not, your credit score will be higher if you have 6-10 credit accounts than if you have just one or two. Here are action items to consider to improve this section of your credit report: 1  Pay on time. 2  Credit cards. 3  Utility bills. 4  Library dues.
New Accounts. If your credit limit increased because you opened a new account, your score may take a dip. Even the act of applying for an account, known as a credit inquiry, appears on your credit report and can help lower your score.ew Accounts. If your credit limit increased because you opened a new account, your score may take a dip. Even the act of applying for an account, known as a credit inquiry, appears on your credit report and can help lower your score.