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.
It accounts for 30% of your credit score, and keeping your credit card balances as low as possible can help improve your credit score. Because you can drastically change your credit utilization with a single payment, itâs one of the best ways you can quickly improve your credit score.