what weigh more on your credit report, installment loan or credit card debt?

Answer 1

Both are similar and both affect your credit score. If the loan is through a bank,that is better than a finance company at a higher rate, but is paid on time will always help. Credit cards again must be paid on time, I would add more than the minimum and keep the balances down below 30% of the cards face value, it improves your credit to debt ratio. Carrying a full balance, or close to full balance on the cards has a negative affect on your score, even if you pay on time.

Answer 2

Actually a blending of both. Three revolving lines of credit (credit cards) and one installment loan (for a car or boat etc) is enough as long as the payments are made on time - every time and the balances on the credit cards do not go over 30 percent of your line of credit.